BOREARIS

Dow Jones 30 Double top 1 hour

Dow Jones 30 1 hourConfirmed Oct 28, 15:00 UTC+8
HNHConfirmedInvalid 52,692.852,318.0Neck 52,301.0Confirm 52,286.0Target 1 52,109.0Target 51,932.0━ MA20 + Bollinger Bands ━ MA50 1 hour70503043.31━ RSI ━ 9MA0-38.16━ MACD ━ MACD Signal10/26 06:0010/26 17:0010/27 04:0010/27 16:0010/28 03:0010/28 15:00
HNHConfirmedInvalid52,692.852,318.0Neck52,301.0Confirm52,286.0Target1 52,109.0Target51,932.0━ MA20 ━ MA5070503043.31━ RSI ━ 9MA0-38.16━ MACD ━ MACD Signal26 23:0027 16:0028 09:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Double top: Active

Target51,932.0
First target52,109.0
Confirmation52,286.0
Invalid at52,692.8

Last 52,310.0, 0% of the way to target (target is 0.68% from confirmation).


Timeframe1 hour
ConfirmedOct 28, 15:00
Duration1.2 h
Reward / risk0.87

What this tells you

Price is rejected twice at a similar high; a break below the low between them (the neckline) often marks a turn from up to down.

Check it on the live chart

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Swing points

PointTime UTC+8Price
HighOct 26, 22:0052,670.0
NecklineOct 27, 01:0052,301.0
HighOct 27, 18:0052,643.0
ConfirmationOct 28, 15:0052,286.0

Recently closed Double top patterns: 26 in total, 21 reached the target first (81%), 3 were invalidated and 2 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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