A "double top" is a technical analysis pattern that occurs in financial markets, indicating a potential reversal in an upward trend. It forms when the price reaches a peak twice, with a moderate decline in between. This pattern suggests that buyers are losing momentum, and sellers may start to take control. Traders often look for confirmation of a double top when the price breaks below the support level established between the two peaks. This can signal a bearish trend, prompting traders to consider selling or shorting the asset. Recognizing this pattern can help investors make informed decisions in their trading strategies.