The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts and candlestick charts. The pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. The classic Double Bottom Reversal usually marks change in trend. Many potential Double Bottom Reversals can form along the way down, but until key resistance is broken, a reversal cannot be confirmed.
The Double Top Reversal is a bearish reversal pattern typically found on bar charts, line charts and candlestick charts. As its name implies, the pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between. The classic Double Top Reversal marks change in trend from bullish to bearish. Many potential Double Top Reversals can form along the way up, but until key support is broken, a reversal cannot be confirmed.
The Triple Bottom Reversal is a bullish reversal pattern. There are three equal lows followed by a break above resistance.
The Double Top Reversal is a bearish reversal pattern. There are three equal highs followed by a break below support.