Double Top (M Top)

Traditional Chinese: M頭1 real trading day

A double top forms when price rises to roughly the same high twice and fails both times, with a pullback in between, so the shape looks like the letter M. The low between the two peaks is called the neckline. On intraday charts the pattern can form within an hour, and the two peaks do not have to be exactly equal.

Double Top (M Top): hand-drawn illustration of the typical shape.

Double Top (M Top) in my real trades

Oct 29, 2026 (Thu) | Rejected at VWAP: repeated M tops

Oct 29, 2026 (Thu) hand-drawn illustration: Every time the stock touched VWAP it was knocked back down, forming repeated M tops. — **Every time the stock touched VWAP it was knocked back down, forming repeated M tops.**
Buyers kept trying to push higher, but every touch of VWAP was rejected — someone was defending that level. Several failed tops in a row made the resistance clear.
Oct 29, 2026 (Thu) trading log →

The hand-drawn charts here are based on my real intraday screenshots from that day; the original entry screenshots are kept.

This website is a personal trading log and experience sharing. Nothing here is investment advice.

Double Top (M Top)

Double Top (M Top) in my real trades

Oct 29, 2026 (Thu) | Rejected at VWAP: repeated M tops

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