EQSIS PRO

Double bottom for understanding

The sequence for double bottom must be:

1.Two equivalent bottom.

2.Volume at point ‘B’ or ‘C’ should be high.

3.Duration between point ‘A’ and ‘B’ should be minimum 20 days.

4.Long position can be considered above previous high [point ‘C’].

In this chart the volume at point ‘C’ is higher

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