Dow Jones 30 Double bottom 1 hour
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Double bottom: Active
Last 52,719.0, 0% of the way to target (target is 0.51% from confirmation).
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.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Low | Oct 27, 01:00 | 52,301.0 |
| Neckline | Oct 27, 18:00 | 52,643.0 |
| Low | Oct 28, 14:00 | 52,259.0 |
| Confirmation | Oct 29, 10:00 | 52,759.0 |
Recently closed Double bottom patterns: 25 in total, 16 reached the target first (64%), 7 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.
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