Tag: double-top

Double Tops and Back Testing in Python

A double top is a bearish reversal pattern that is formed after an uptrend. It is characterized by two consecutive peaks at approximately the same price level, with a moderate trough in between them. The double-top pattern is completed when the price falls below the low point of the trough. It’s important to keep in…

By The Balanced Trader January 5, 2023 Off