Below is a slider quiz to test your ability to identify double tops and trade them. Captions appear below the pictures in red for guidance, so be sure to scroll down far enough to read them.
1 / 6
The Eve & Eve double top is pictured to the right of middle. Price forms two rounded peaks with a valley between them (B). Volume (E)
trends upward in this example, and that's unusual. Eve peaks look wide and rounded. If they have price spikes, there tend to be many of them clustered in a group. Adam peaks,
by contrast, are thin, often one-day price spikes. The peak at C is an example of an Adam peak. Compare that to A, which is an Eve peak. The Eve-A-Eve pattern might be
considered a triple top. C looks like a diamond bottom, and D is an ascending broadening wedge.
EF is the head-and-shoulders top, CD is an Adam & Adam double bottom, AB is an Eve & Eve double top, HI is an Eve & Adam double bottom,
and G is the ascending scallop.
4 / 6
Let's try again. Find as many double tops as you can.
5 / 6
EF is an Adam & Eve double top, CD is probably an Eve & Eve double top but it could also be Adam & Eve, AB is an Eve & Eve double top.
The AB double top has confirmed at G when the stock closed below the valley between peaks AB. How far will price drop. One of the green lines shows the answer, so pick 1, 2, 3, or 4.