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This is a 3-column pattern that shows the 1st and 3rd column are at the same level.
At current levels, it indicates that price may take resistance. It is a probable resistance pattern but also a probable double top buy pattern.
This pattern can be plotted on the chart by adding it from the study menu in TradePoint & RZone. The pattern is also available in the system builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.