Double Top Breakdown on AER

17 Jul

🧠 Double Top Breakdown on AER

Ticker: AerCap Holdings N.V. (AER)
Timeframe: 1D (Daily Chart)
Pattern: Double Top
Strategy: Bearish Reversal


✍️ Analysis

We’ve got a textbook Double Top forming after a strong bullish rally. Price failed to break above the $118 resistance twice, forming the classic M-shape. The neckline is around $113.50, almost broken.


This setup is supported by:

✅ Clean pattern structure
✅ Volume Profile (VPVR) shows a low-volume gap below current price
✅ Good Risk/Reward structure


🎯 Trade Setup
Entry: Below $113.50 (neckline break)

Stop Loss: Above $115.50 (1.8% risk)

Take Profit 1: Around $110 (2.5% target)

Larger TP target: $106 – matches VPVR high-volume node and pattern projection. It's also a Fibo retracement level of 38,2% of the rally.



📘 Educational Notes

This is a great example of how a Double Top can signal the end of a bullish trend (at least temporary) and the start of a pullback or reversal. The volume gap below may accelerate the move. Managing risk with a tight SL and scaling out at TP1 and TP2 is key here.


💬 What do you think? Are you seeing the same setup on your end?
👍 Hit the rocket if you found this useful and follow for more clean technical setups!

11 Ogo

Dagangan ditutup: sasaran tercapai

Both targets have been reached in just 2 weeks. A fast decline as expected.