Patterns › Double bottom
Chart patterns
Double bottom
Two lows at the same level, then a break above the peak between them.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 59 | 46% | 54% | 0% |
| United States | 62 | 42% | 50% | 8% |
| Japan | 37 | 57% | 43% | 0% |
| Crypto | 637 | 36% | 57% | 7% |
| Forex | 75 | 45% | 47% | 8% |
| Commodities | 32 | 44% | 50% | 6% |
Counted on real past charts by the Trading Class research engine, 902 cases in all. Past odds, not a forecast.
How to practise it
Find the two lows. Then decide: buy, sell, or wait? In the app, 36 real examples of the double bottom wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Double bottom.
Related
Double top · Head and shoulders · Inverse head and shoulders · Ascending triangle · Descending triangle · Symmetrical triangle · Rising wedge · Falling wedge