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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

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