⁣The Double Top and Double Bottom are reversal patterns that signal a change in trend direction after the price makes two peaks or two troughs at approximately the same price level. Double Top: This pattern forms after a strong uptrend and consists of two peaks that are roughly at the same level. The pattern signals a bearish reversal once the price breaks below the support level formed between the peaks. Double Bottom: This pattern forms after a strong downtrend and consists of two troughs that are roughly at the same level. It signals a bullish reversal once the price breaks above the resistance level formed between the troughs. Key Point: These patterns suggest that the previous trend has lost momentum, and the price is likely to reverse direction. Example: A Double Top after an uptrend suggests that the price may start moving lower, while a Double Bottom after a downtrend suggests that the price may reverse and start moving upward.