Double Bottom
Definition
A bullish reversal pattern formed when price tests a low twice and rebounds, creating a "W" shape.
Example
A double bottom at support often signals the start of an uptrend.
Related Terms
Frequently Asked Question
What is a Double Bottom pattern?
A Double Bottom is a bullish reversal pattern where price tests a support level twice and rebounds, creating a "W" shape. Confirmation occurs when price breaks above the swing high between the two lows.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.