"double top" pattern

The "double top" is a bearish reversal chart pattern in technical analysis that is used to identify potential trend reversals in financial markets. The pattern is formed when the price of an asset rises to a peak, pulls back, and then rises again to the same peak before falling again. This creates two consecutive peaks that are roughly equal in height, giving the appearance of a "M" shape when charted. The double top pattern signals that the uptrend may have run out of steam and that the market is likely to experience a price correction or reversal.