Double Bottom

bullish

Definition

Two troughs at a similar level — sellers fail twice at support.

Price tried the same low twice and bounced both times. Buyers defend it.

💡 Testing the same floor twice and bouncing both times.

Entry: On a close above the peak between the troughs. · Stop: Below the second trough. · Target: Trough-to-peak height projected up.

Reliable after an extended downtrend.

~65-70% after neckline break · High reliability

1. Is the Double Bottom generally considered bullish, bearish, or neutral?

2. After a confirmed Double Bottom, the expected direction is usually:

3. Which is a common beginner mistake with the Double Bottom?

Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.