Trading Double Tops and Double Bottoms

This is the most common in trading. It appears so often that it alone may serve as proof positive that price action is not as wildly random as many academics claim. The price charts that traders use express the trader sentiment and double tops and double bottoms represent a re-testing of temporary extremes. If the prices are really at random, why is it that they pause so frequently at these points?

Good question, geline. I see that you are figuring this out very quickly lol.