Exact Defination of Double Tops/Bottoms

hello guys,

I just have a few questions for ya. Double tops/bottoms are signs of reversal right? But I am kinda confused on which one is real so i searched all over the net just to get any insights. Some people claim that double tops/bottoms are not necessarily at the same level to be valid but if that is the case I would rather call it ascending/descending tops.

The chart below illustrates it, the guy created it said that those are valid double tops/bottoms

http://i169.photobucket.com/albums/u...doubletops.jpg


But take a look at the charts provided by investopedia, They say that the above chart is an ascending tops


http://i169.photobucket.com/albums/u...vestopedia.jpg

Hi there... here is a good site and example of double tops.

Good Luck

http://chart-patterns.netfirms.com/doubletop.htm

Here is a pretty good example all on one chart.

Nice site. You always know where the good stuff is WH!

thanks bill

Thanks WH

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