medium · Volume Price Analysis wyckoff-laws
A Triple Top formation takes three months to complete. A Double Top formation at the same price level took only three weeks.
According to the Law of Cause and Effect, which breakdown is likely to lead to a deeper markdown?
- The Double Top breakdown.
- Both are identical as they are both reversal patterns.
- The Triple Top breakdown.
- The Double Top will be deeper because it happened faster.
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