What confirms a Double Bottom?

A close above the neckline or a 2-bar high break after the second trough, ideally with rising volume.

How do you set targets?

Measure height (H) from neckline to the trough/peak and project 100%, 150%, 200%, and 250% from the neckline.

Below the second bottom (DB) or above the second top (DT), just beyond invalidation.

Lack of volume on the neckline break increases failure risk—wait for a solid close or retest.

Any liquid timeframe; higher-timeframe structure (HTF S/R) improves reliability.

top of page

bottom of page