RIO — Double Top

56% ConfidenceDetected Jul 21

Signal Snapshot

As of July 21, 2026, RIO is showing a Double Top pattern with 56% confidence on the daily timeframe. SCTR 1.6 (bearish zone), Confirmed Bear trend. EdgeOS buy trigger $90.70 · Target $92.48 · Stop $89.60.

EdgeOS Levels — RIO

Close
$89.07
Buy Trigger
$90.70
+1 ATR Target
$92.48
Stop
$89.60
SCTR
1.6
Trend
Confirmed Bear
Bull Count
0
Bear Count
0
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Other Patterns — RIO
Bull FlagBear FlagBull PennantBear PennantAscending TriangleDescending TriangleSymmetrical TriangleHead and Shoulders

Frequently Asked Questions

Is RIO showing a Double Top pattern?

Yes. RIO is currently showing a Double Top pattern with 56% confidence on the daily timeframe (detected 7/21/2026).

What is the confidence level for the RIO Double Top?

The RIO Double Top has a confidence score of 56%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for RIO?

RIO's EdgeOS buy trigger is $90.70, target $92.48 (Saty ATR +1), stop below $89.60.

How often does the Double Top succeed?

The Double Top has a historical win rate of 59% when traded with proper volume confirmation and stop placement. Average time to target: 16 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice