Shakeout Formation

80---+-----------------+----------
79   |             X   1  <------- Double top formed here.
78   |             C O X O
77   |             X O X O X
76   |         X   X O | O X <-- Look to buy on this reversal 
75   |         X O X   | O X     back to the upside.
74   |         A O B   | O X
73   | X   X   X O X   | O
72   | X O X O X O X   |
71   | X O X O X O     |
70---|-X-O-X-8-9-------|----------
69   | X 7   O X       |
68   | 6     O X       |
67   | X     O         |
66   | 5               |
65   | X               |
64   | X               |     *
63   | X               |   *
62   | 4               | *
61   | X               *
60- -|-X-------------*-|----------
59   O X           *   |
58   O X         *     |
57   1 3       *       |
56   O X     *         |
55   O X   *           |
54   O X *             |
53   O *               |
52  
    1|1               1|1
    9|9               9|9
    9|9               9|9
    4-5               5-6