What Is Double Bottom?
The Double Bottom is a bullish reversal chart pattern where price reaches the same support level twice and holds, forming a W shape. The pattern confirms when price breaks above the neckline (the high between the two troughs).
Win Rate
71%
Avg Move
Trough-to-neckline distance
Best TF
Daily
BullishChart FormationMany CandlesBeginnerHigh Reliability
Key Characteristics
- Two troughs at approximately the same level
- Forms a W-shaped pattern
- Neckline is the high point between the troughs
- Volume typically higher on the second test
Learn More About Double Bottom
Dive deeper with our complete guide including formation rules, trading strategies, real examples, and interactive tools.