StopLosstrader

US30

Big-tech earnings kick off this week. 🚨

Mark these key players you can’t miss! 👀

Tue: $NFLX
Wed: $JNJ, $IBM
Thu: $GE, $PG, $INTC

📉 TECHNICAL ANALYSIS: DOUBLE TOP PATTERN

This chart clearly shows how a Double Top forms and why it’s one of the strongest bearish reversal patterns in trading.

🔹 Two failed highs (1st Top & 2nd Top)
🔹 Neckline support holding price
🔹 Trendline + neckline break
🔹 Massive downside move
🔹 Retest confirms bearish continuation

👉 Key Lesson:
When price breaks the neckline with strong momentum, the probability of a sharp move down increases significantly. Always wait for confirmation and manage risk properly.

📊 Simple patterns + discipline = consistency