Everyone who has seen this chart asks one question—what is it really about?

Honestly, this isn’t some secret indicator or complex formula. It’s simply a truth that only traders who have survived in the market dare to say: prices never move in a straight line; there will always be a "test."

In this chart, there are three recurring elements—breakouts, backtests, and then another move. Whether it’s a double top or double bottom, support and resistance, the underlying logic is always the same: a real trend allows you to get in, a false trend just tries to lure you into chasing.

**Why do so many people lose money by chasing breakouts?**

Basically, it’s either because they see the wrong direction or because they’re too quick. As soon as they see a breakout, they rush in, afraid to miss the move, only for the price to turn back. This isn’t coincidence; it’s the market clearing out impulsive traders.

There’s a phrase that sounds counterintuitive but is very important—backtesting doesn’t mean the trend is weakening; it’s actually the market screening for the right opponents. You must remember this.

**So how do you interpret this specifically?**

Let’s start with double tops and double bottoms. These aren’t some mysterious patterns; they are simply "failed attempts." What does a double top mean? Bulls try to break higher twice, but both times fail, with the second high lower than the first. In plain language: those wanting to continue the rally are out of strength.

Conversely, a double bottom—bears try to push lower twice but fail, and selling pressure begins to weaken. The key point isn’t...