Markets › EUR/JPY › Double bottom
Forex · chart pattern
Double bottom on EUR/JPY
On EUR/JPY the double bottom showed up 26 times. The target came first 31% of the time, the stop 65%, and 4% went nowhere within 12 candles.
Counted on EUR/JPY: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 3 | 33% | 67% | 0% |
| Hourly | 23 | 30% | 65% | 4% |
EUR/JPY against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| EUR/JPY | 26 | 31% | 65% | 4% |
| All Forex charts | 303 | 38% | 55% | 6% |
| Every market | 4,672 | 37% | 57% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2017 | 3 | 33% | 67% |
| 2024 | 4 | 25% | 75% |
| 2025 | 11 | 36% | 64% |
| 2026 | 8 | 25% | 62% |
The last 8 times
- 8 Oct 2026, 14:00 UTC · hourly · stop first after 2 candles
- 8 Jul 2026, 13:00 UTC · hourly · went nowhere
- 27 Apr 2026, 05:00 UTC · hourly · stop first after 1 candle
- 26 Apr 2026, 22:00 UTC · hourly · target first after 9 candles
- 24 Apr 2026, 18:00 UTC · hourly · stop first after 2 candles
- 15 Apr 2026, 14:00 UTC · hourly · stop first after 2 candles
- 9 Apr 2026, 07:00 UTC · hourly · target first after 2 candles
- 9 Mar 2026, 20:00 UTC · hourly · stop first after 4 candles
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 EUR/JPY
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Doji · MACD bearish cross · EMA 9/21 bullish cross · MACD bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The double bottom elsewhere
USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · Ethereum · Bitcoin
Questions
How often does the double bottom work on EUR/JPY?
In 26 cases on EUR/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 31% of the time and the stop came first 65%; 4% went nowhere within 12 candles.
What is the double bottom?
Two lows at the same level, then a break above the peak between them.