Chart patterns · Beginner

Double Top Pattern

A 1-minute lesson from the MarketPro academy, one of 22 in chart patterns.

Last reviewed 15 September 2026 by the MarketPro research desk · Editorial policy

Short answer

A double top forms when price rallies to a resistance level, pulls back, rallies again to roughly the same level, and then fails a second time, tracing out a shape often described as an "M." The pullback low between the two peaks is called the confirmation point; a decisive break below that level is traditionally viewed as the signal that the pattern has completed and a reversal lower may follow.

A double top forms when price rallies to a resistance level, pulls back, rallies again to roughly the same level, and then fails a second time, tracing out a shape often described as an "M."

The pullback low between the two peaks is called the confirmation point; a decisive break below that level is traditionally viewed as the signal that the pattern has completed and a reversal lower may follow.

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Equal highs: The two peaks do not need to be identical, but they should sit at a similar resistance area for the pattern to be considered valid.
Volume clue: Volume is often lower on the second peak than the first, which can hint at fading buying interest.
Measured move: The distance from the peaks down to the confirmation low is sometimes projected below the breakdown point as a rough downside guide.

Double tops can also simply mark a temporary ceiling within a longer uptrend rather than a full reversal, so waiting for the confirmation break rather than assuming reversal at the second peak reduces the risk of acting on a pattern that has not actually completed.

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Written and reviewed by the MarketPro research desk

MarketPro is a trading-signal and trading-education app operated by Harajuku Holdings LTD (Cyprus). Our signal desk publishes and tracks every trade idea in-app, and every page here is checked against the app's live behaviour before publishing. Last reviewed 15 September 2026. How we produce signals and content · About MarketPro

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