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Double bottom

1. Introduction

Double Bottom is a bullish pattern, and the two bottoms are roughly on the same horizontal line. This pattern indicates that there may be a bottom reversal.


2. Feature

2.1 The two bottoms are roughly on the same horizontal line.

2.2 The two bottoms need to be separated by a certain time range.

2.3 The price has recently broken upward through the neckline.


3. Example

01119 has a Double Bottom Pattern on June 18, 2021.

Market Insights

Discussing

The tariff deferral period has been extended! How have trade policies in various countries evolved?
近日,美國總統特朗普表示「對等關稅」暫緩期從7月9日推遲至8月1日,並宣佈將從8月1日起對來自日本、韓國等14個國家的進口產品徵收25%-40%不等的關稅。7月12日,特朗普表示自8月1日起,將對墨西哥和歐盟徵收30%關稅。此前特朗普曾發文強調,8月1日起關稅將正式生效,再無延期 Show More