9EMA Trading Setups · Neutral
Double Top / Bottom
Learn to identify potential reversals at key levels.
This is the double-test setup already documented for 9. It is the project's educational version of a double top or double bottom, not a separate performance claim.
This is an example of how traders often plan the pattern. It is not a promise that price will reach the target.
Identification
- Price tests a similar high or low twice.
- A neckline sits between those tests.
- The educational entry is after price breaks that neckline.
Market context
The same structure is bullish at a low and bearish at a high. The page does not assign one direction.
Entry example
Price tests a similar high or low twice, then breaks the neckline between those tests. The educational entry is after that break, not while the second test is still forming.
Stop-loss example
Beyond the extreme of the two tests.
Target example
A common teaching method measures the height of the pattern and projects it from the neckline. That measurement is a plan, not a forecast.
Common mistakes
- Entering during the second test before the neckline breaks.
- Treating the measured move as a forecast.
Candlestick and chart patterns are probabilistic observations, not guaranteed trading signals. This page does not report a win rate.