$High-Probability Double Bottom Pattern (Bullish Reversal)
Key Features:
1. Clear Downtrend Before Pattern
Pattern must form after sustained bearish pressure.
2. Two Major Lows at Similar Levels
Bottoms form near a key support zone.
3. Higher Volume/Momentum on Second Bottom
Shows buyers stepping in.
4. Neckline Formation (Resistance)
High between two lows.
5. Break and Close Above Neckline
Confirmation of reversal.
6. Confluence Zones:
Key support level, demand zone, oversold RSI, or bullish divergence.
Entry Strategy:
Conservative: Enter after neckline break + retest.
Aggressive: Enter on second low wit#h bullish candlestick confirmation.
