the hAnDbook of teChniCAl AnAlysisfigUre 13.14 An Ideal Double Top Formation.
figUre 13.15 An Ideal Double Bottom Formation.
vertical distance between the resistance level in a double top formation and its vali-
dation level. Similarly, the minimum one‐to‐one measuring objective for a double
bottom formation is simply the upside projection measured from the validation
level of vertical distance between the support level in a double bottom formation
and its validation level. Once this minimum price objective is met, the formation
would have obviated any possibility of a failure. See Figures 13.14 and 13.15.