# Trader Notes #2 - Double top

By [Teddy](https://paragraph.com/@teddyz) · 2021-11-27

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Chart patterns are an integral aspect of technical analysis, but they require some getting used to before they can be used effectively. A chart pattern is a shape within a price chart that helps to suggest what prices might do next, based on what they have done in the past. Chart patterns are the basis of technical analysis and require a trader to know exactly what they are looking at, as well as what they are looking for.

Best chart patterns #2 Double top:

A double top is another pattern that traders use to highlight trend reversals. Typically, an asset’s price will experience a peak, before retracing back to a level of support. It will then climb up once more before reversing back more permanently against the prevailing trend.

![](https://storage.googleapis.com/papyrus_images/3494e7bf7ce955e5da5922ab415c365dbf10486929f575277434b3df5cd57c2c.png)

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*Originally published on [Teddy](https://paragraph.com/@teddyz/trader-notes-2-double-top)*