BOREARIS

Hang Seng 50 Double bottom 15 min

Hang Seng 50 15 minConfirmed Oct 28, 03:45 UTC+8
LNLConfirmedClosedTarget 23,183Target 1 23,126Confirm 23,068Neck 23,06423,027Invalid 22,938━ MA20 + Bollinger Bands ━ MA50 15 min70503044.56━ RSI ━ 9MA0-5.44━ MACD ━ MACD Signal10/27 10:1510/27 14:4510/27 19:1510/27 23:4510/28 04:1510/28 09:45
LNLConfirmedClosedTarget23,183Target1 23,126Confirm23,068Neck23,06423,027Invalid22,938━ MA20 ━ MA5070503044.56━ RSI ━ 9MA0-5.44━ MACD ━ MACD Signal27 17:3028 00:0028 07:30

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Double bottom: First target, then break-even

Target23,183
First target23,126
Confirmation23,068
Invalid at22,938
Move+0.09%

Timeframe15 min
ConfirmedOct 28, 03:45
ClosedOct 28, 09:45
Duration6.2 h
Reward / risk0.89

What this tells you

Price finds support twice at a similar low; a break above the high between them (the neckline) often marks a turn from down to up.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
LowOct 27, 16:0022,946
NecklineOct 27, 18:4523,064
LowOct 27, 21:4522,952
ConfirmationOct 28, 03:4523,068

Recently closed Double bottom patterns: 22 in total, 12 reached the target first (55%), 8 were invalidated and 2 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

Live levels and price alerts in the app

The Borearis app has live levels for every market, price alerts, daily picks and AI analysis.

Download on the App Store Get it on Google Play