How to Trade the Double Bottom Chart Pattern

How to Trade the Double Bottom Chart Pattern,the stock market Books,
How to Trade the Double Bottom Chart Pattern. A double bottom chart pattern is a strong bullish price action signal that occurs at the end of a downtrend. It happens when an equal, or almost equal, low forms during a downtrend, instead of another lower low.

The idea behind the pattern is that failure to make another lower low could be a signal of momentum leaving the trend. The first low in the pattern becomes support that provides a strong bounce for the second, equal low.
  • Book Name: How to Trade the Double Bottom Chart Pattern
  • Book Type: eBook 
  • Book Category: The Stock Market Books



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