Double Bottom

Chart Patterns

A bullish reversal pattern where price tests a support level twice before breaking higher. The breakout above the neckline (the high between the two lows) confirms the pattern.

Related Terms

Double Top

A bearish reversal pattern where price tests a resistance level twice before falling.

Support

A price level where buying pressure tends to overcome selling pressure, causing the price to stall or bounce upward.

Reversal

A change in the direction of price trend.

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Chart Patterns: Reversal

Level 2: Reading the Market · 22 min