What is Double BOTTOM? What are their conditions to determine the bullish trend?

[V.VEDANAYAGAM]

DOUBLE BOTTOM is the reversal technique of double top
THIS pattern requires one month to form
IF two almost equal price were seen at the bottom of a chart with one month duration having varies small tops in between the said two bottoms then the DOUBLE BOTTOM pattern is said to be formed
WHEN the price moves with volume ABOVE the highest top in between the double bottom then bull trend is said to be started

[Ramesh]

Double bottom is a bullish trend pattern. Formation of two equivalent bottom in price movement is called double bottom. To confirm the trend, it should have high volume traded in the right bottom and the minimum duration between these two bottoms should be 20 days or more. Long positions can be considered above previous sellers zone.

[Swathi]

Double bottom happens over a period of one month. Two equivalent bottoms are recognised in a chart, where high volume is seen in the second bottom.Long position is fixed at the breakout point

[kanakaraj]

Double bottom is two equivalent bottoms is created with high volume at right side.

Bullish trend condition:-
The duration between the bottom points should be 20 days.
Volume traded should be high at right side.

Long positions can be considered above break up point

[Naveen]

when the two equivalent bottoms with minimum of 1 month is known as double bottom and we can buy above the neck line we can create a long position. with the high volume.

[Author]

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