Chart Patterns/Double Top
Bearish · Reversal

Double Top Pattern

A double top is a bearish reversal pattern where price rallies to a resistance level, pulls back, then fails to break through on a second attempt, forming two peaks at a similar high. It often marks the end of an uptrend.

By the ExecutionIQ team · Updated June 2026

Double Top chart patternResistanceNeckline

What the Double Top pattern means

Two failed pushes at the same resistance show buyers running out of strength. The pattern is not confirmed until price breaks below the support level set by the pullback between the peaks. That breakdown is where sellers take over.

How the Double Top is traded

  • Confirm with a close below the middle support (the neckline) before acting.
  • The target is roughly the height of the pattern projected down from the break.
  • Stop goes above the second peak.
  • Cleaner when the two peaks are close in price and separated by a clear pullback.

Common mistakes

  • Shorting the second peak before support breaks.
  • Calling every two-bump shape a double top without a real prior uptrend.

Journal your Double Top trades

Tag double top trades in ExecutionIQ to learn whether you respect the support break or anticipate it and get stopped out on the second peak.

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