BOREARIS

Nasdaq 100 Double bottom 15 min

Nasdaq 100 15 minConfirmed Oct 23, 23:00 UTC+8
LNLConfirmedClosedTarget 29,418.929,322.1Target 1 29,280.3Confirm 29,141.7Neck 29,128.6Invalid 28,826.9━ MA20 + Bollinger Bands ━ MA50 15 min70503061.74━ RSI ━ 9MA086.44━ MACD ━ MACD Signal10/23 00:3010/23 10:3010/23 19:3010/24 04:3010/26 14:3010/26 23:30
LNLConfirmedClosedTarget29,418.929,322.1Target1 29,280.3Confirm29,141.7Neck29,128.6Invalid28,826.9━ MA20 ━ MA5070503061.74━ RSI ━ 9MA086.44━ MACD ━ MACD Signal23 13:1524 02:4526 17:15

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

Double bottom: Target hit

Target29,418.9
First target29,280.3
Confirmation29,141.7
Invalid at28,826.9
Move+0.71%

Timeframe15 min
ConfirmedOct 23, 23:00
ClosedOct 26, 23:00
Duration72.2 h
Reward / risk0.88

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 23, 08:0028,870.9
NecklineOct 23, 16:1529,128.6
LowOct 23, 21:3028,838.3
ConfirmationOct 23, 23:0029,141.7

Recently closed Double bottom patterns: 23 in total, 13 reached the target first (57%), 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.

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