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Forex · chart pattern
Double bottom on AUD/USD
On AUD/USD the double bottom showed up 28 times. The target came first 50% of the time, the stop 43%, and 7% went nowhere within 12 candles.
Counted on AUD/USD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 5 | 20% | 80% | 0% |
| Hourly | 23 | 57% | 35% | 9% |
AUD/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| AUD/USD | 28 | 50% | 43% | 7% |
| All Forex charts | 303 | 38% | 55% | 6% |
| Every market | 4,672 | 37% | 57% | 6% |
The last 8 times
- 1 Sep 2026, 01:00 UTC · hourly · stop first after 2 candles
- 7 Aug 2026, 08:00 UTC · hourly · target first after 4 candles
- 2 Jul 2026, 21:00 UTC · hourly · target first after 8 candles
- 2 Jul 2026, 18:00 UTC · hourly · target first after 11 candles
- 2 Jul 2026, 12:00 UTC · hourly · target first after 1 candle
- 27 Apr 2026, 00:00 UTC · hourly · target first after 2 candles
- 31 Mar 2026, 07:00 UTC · hourly · stop first after 3 candles
- 17 Mar 2026, 12:00 UTC · hourly · went nowhere
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the double bottom is
Two lows at the same level, then a break above the peak between them.
Jump on a trampoline and you sink to the same low spot twice, but the second push sends you higher than before. A double bottom looks like the letter W: two lows at the same level with a hill between them. When price climbs above that hill, the W is complete.
The full double bottom lesson, video and quiz ›
Other patterns on AUD/USD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The double bottom elsewhere
EUR/JPY · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · USD/CAD · Ethereum · Bitcoin
Questions
How often does the double bottom work on AUD/USD?
In 28 cases on AUD/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 50% of the time and the stop came first 43%; 7% went nowhere within 12 candles.
What is the double bottom?
Two lows at the same level, then a break above the peak between them.