Trading Pattern Examples -Learn to Trade

Learn to Trade -Identifying Chart Patterns

Double Bottom is a chart pattern in trading that indicates an area where the market that is being charted has tested a price level gone up and come back down to test that price level without breaking lower. The double bottom looks like a "W". The conservative trading entry is usually to place a buy stop order just above the price level of where the middle of the "W" is.

Examples of a Double Bottom or W Chart Pattern

 

 

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