π
Chart pattern
reversal
Double Bottom
bullish
FiabilitΓ© :
β
β
β
β
β
Two valleys at roughly the same level, separated by a peak. Bullish reversal in 'W' shape.
In detail
Mirror of double top. Sellers fail to break support after two attempts.
π―
How to trade
Long on peak break. Stop below valley. Target = projected height.
#reversal
#bullish
#classic