The lesson on YouTube
Watch. Then work through the idea.
Watch the English lesson first, then use the worked example and quiz below to check the idea. The article is a companion, not a transcript.
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What is actually happening?
Two visits to similar highs establish repeated upper visits. The intervening low is a separate reference. A close through that reference may qualify a declared event; any later success is a third question.
Guided example · Selected peaks / troughs and completed closes · synthetic
Two peaks are only the candidate
Compare peak tolerance and neckline completion as separate conditions.
Restart & example assumptions
Authored synthetic observations, shown in sequence. Every comparison uses only the revealed data. This is a worked learning example, not live prices, broker execution or a profitability backtest. Follow the article’s exact definitions; measurements and pattern names alone do not authorize a trade.
For charts: tap a candle or swing to inspect it; drag horizontally to browse; wheel or +/− to zoom; arrow keys to inspect; Home to restore the step view.
Make the conditions explicit.
Freeze peak tolerance and swing selection before evaluation. The source example reaches 110, retreats to 100 and revisits the upper area.
For a completed downside event in this teaching rule, require a later close below the intervening low at 100.
A later close above both selected peaks is contrary evidence for the downside interpretation. Do not turn it into confirmation by renaming the formation.
The quoted rules are illustrative research specifications. Parameters are not recommendations and have not been presented as profitable backtest results.
What can this cost?
A pattern’s height can describe a distance without guaranteeing a target. A short entry near 100 and protective stop above the peaks imply a substantial risk distance.
How the idea can fail.
Price may exceed both peaks after the second visit, continuing the earlier advance rather than reversing.
Practical habit
Use journal columns “candidate,” “event,” and “later outcome.” Never substitute the first for the second.
Go one level deeper
Do not select candidates only after a neckline crossing occurs; that quietly removes non-completions from the denominator.
Check your understanding
Two qualifying peaks are present; the last close is 101 and the neckline is 100. What can be recorded?
Further reading & boundaries
These examples are original educational exercises. General background: CME Group: position sizing; Fidelity: technical analysis. Neither endorses these example rules. No hypothetical result establishes future profitability.
Editorial revision: 13 October 2026 · Synthetic data · Educational use