$BTC #Education_post
👉Two consecutive, roughly equal peaks with a moderate trough in between (resembles an “M” shape).
👉This powerful chart pattern occurs after an extended uptrend and often represents a reversal pattern that indicates a minor, if not long term, change from a uptrend to an downtrend (i.e. bearish).
👉Trade: Place a SELL order when the price breaks through the support line (neckline) and completes the pattern.