# Double Top

*Trading & Technical Analysis — Finicade finance glossary*

A double top forms when price reaches a level twice and fails to break it, with the second failure read as exhaustion; a double bottom is the mirror image. The interpretation is straightforward — supply overwhelmed demand at the same price twice. Confirmation conventionally requires a break of the intervening low, which by design means acting after a meaningful part of the move.

**Also known as:** double bottom, M pattern, W pattern

**Related terms:** [Head and Shoulders Pattern](https://finicade.com/glossary/head-and-shoulders-pattern), [Chart Patterns](https://finicade.com/glossary/chart-patterns), [Support and Resistance](https://finicade.com/glossary/support-and-resistance), [Breakout](https://finicade.com/glossary/breakout), [Divergence](https://finicade.com/glossary/divergence)

Source: https://finicade.com/glossary/double-top
