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

[gorantla.vinod]

it is a trend which forms 2 equivalent bottoms

volume at one of the bottom should be high

duration between 2 bottoms should be minimum 20 days

Long position can be considered once it crosses previous high

 

[goodwinbritto]

follows the Dow theory
a)identify equivalent bottoms
b) volume should be high at the second bottom.
c) duration should be 1 month
d) create long position.

[vetrivel]

Two equalent bottom should be identify

Volume should be higher

Duration at 1 month

Long position

[clintonfernando]

double bottom is the end form in a decline market..

condns :Two Equivalent Bottom..

Volume at Second bottom should be high..

Duration from one bottom to another should be about 20 Days..

 

[Navin]

Double Bottom:

The line chart indicating two equivalent bottoms with the duration of 1.5 months, preferably with high volume.

Condition:

Two Equivalent bottoms caused by high volume and with a month duration and the second bottom can experience an bullish behavior

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