Identifying double bottom for getting a bullish trend – EQSIS PRO

Ramesh Ramkrishna Bapat, December 10, 2017, Double Bottom

Breakout above 216.9

Entry @ 217.1

Stop loss =208.2

Target=217.1+(217.1-208.2)=225

1 Comment

EQSIS 6 years ago

Good attempt sir. Here the second bottom is slightly higher than previous bottom. Meanwhile the second bottom does not carries high volume.

Here the Area gap is not filled and volume increased at the breakout area.

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