Double Bottom

Example of a double bottom in the Forex Market.

Introduction to the double bottom chart formation.

Video of double bottom example at support.

Video of intra day bidu double bottom.  This video shows how the stock was able to find a bottom after retesting the lows on lighter volume.

Double Bottom Definition

A double bottom is a chart pattern with two bottoms very close in price. This pattern can be seen in all time-frames. There are a few requirements to classify a chart pattern as a double bottom: