PATTERN
Monitor double top setups with cleaner context
Use Monorex to keep double top structures connected to alerts, charts, watchlists, and AI coaching.
What this pattern is
A double top is a bearish reversal pattern where price tests the same resistance level twice and fails to break through, forming an M-shape. The pattern is confirmed when price breaks below the support formed between the two peaks.
Why traders watch it
Double tops are among the most watched reversal patterns because they represent clear rejection at a resistance level. Traders use them to identify potential trend reversals and set risk management levels around the neckline.
How Monorex helps
- ✓ Automated double top detection
- ✓ Alert-linked neckline monitoring
- ✓ AI Coach pattern context
- ✓ Cross-symbol pattern scanning
Related patterns
Track double top patterns with workflow context.
Use Monorex to monitor reversal patterns with alerts, charts, and AI-assisted follow-up.