#1 Bullish Pattern: Double Bottom
#1 Bullish Pattern: Double Bottom
Starting a new series of charts focused on identifying and ranking Bullish patterns with charts as they happen.
I'm a little late to the party on this one. I had hoped to have it up last night before this mornings premarket rally.
#1 Bullish Pattern. The Double Bottom.
Identified by the W the 2 bottoms form.
10-20% drop from at first bottom.
Reversal takes place as second bottom reaches 3-4% of first bottom.
Starting a new series of charts focused on identifying and ranking Bullish patterns with charts as they happen.
I'm a little late to the party on this one. I had hoped to have it up last night before this mornings premarket rally.
#1 Bullish Pattern. The Double Bottom.
Identified by the W the 2 bottoms form.
10-20% drop from at first bottom.
Reversal takes place as second bottom reaches 3-4% of first bottom.
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