This chart shows one of the strongest bearish reversal patterns in technical analysis — the Double Top.
🔹 Price forms two highs (1st Top & 2nd Top) 🔹 A neckline support is created 🔹 When price breaks the neckline, the trend usually reverses 🔹 After a retest, the market often makes a massive move down
💡 Smart traders wait for the neckline break and retest confirmation before entering a trade.
⚠️ Remember: Pattern + Confirmation = Higher Probability Trade.
Understanding support, resistance, fake breakouts, and rejection candles can completely change the way you trade.
In this chart you can see: ✔ Resistance rejection signals ✔ Fake breakout trap ✔ Strong support zone ✔ Perfect entry after breakout ✔ Clear stoploss and target setup
This simple market structure strategy helps traders avoid traps and catch the real move in the market. 📈
📌 If you want to improve your trading, always watch how price reacts at support and resistance levels.