This pattern was captured as on 22 Nov 21 during intraday.What is double bottom formation? Image result for double bottom formation A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound.
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The video explaining the double bottom concept will load below this line and you must train your eye to capture such patterns.
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