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reversal · bullish

Double Bottom

bullishreversalFree

A bullish reversal pattern where price tests a support level twice, forming a W shape.

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Win Rates

TimeframeWin rateSampleWon / LostAvg returnExpectancy
15m1Y70.5%224158 / 66
1d1Y64.3%28,41118,278 / 10,133
1h1Y63.0%15,91610,035 / 5,881
1w1Y61.7%1,7041,051 / 653
30m1Y71.5%439314 / 125
4h1Y62.4%19,61512,243 / 7,372
5m1Y73.7%3828 / 10

Average return and expectancy are included with Premium. See plans

Not financial advice. Pattern detections are algorithmic and for informational purposes only. Past performance does not guarantee future results. Always do your own research before trading.

About This Pattern

A bullish reversal pattern where price tests a support level twice, forming a W shape. Confirms when price breaks above the peak between the two lows.

How to Trade

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Entry triggers, target calculation, stop loss placement and volume confirmation for this pattern.

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Where Double Bottom works

Tickers with at least 10 resolved 1d trades in the 1Y. Ranked by a 95% confidence lower bound, not the raw rate, so a longer record outranks a lucky short one — the rate shown is still the plain one.

Best record

TickerWin rateTradesAvg return
TIGO100.0%37+11.63%
SMCAY100.0%37+10.49%
H100.0%37+7.99%
NMR100.0%37+6.46%
ASMLF100.0%36+10.74%
BMY100.0%36+8.09%
ANCTF100.0%36+7.01%
ALIZY100.0%36+6.21%
AMGN100.0%36+5.48%
RAIFY100.0%35+12.40%

Worst record

TickerWin rateTradesAvg return
WIF-USD0.0%11-26.20%
RDY0.0%11-9.89%
JCYGY0.0%11-8.65%
CPRT0.0%11-8.01%
MSFT0.0%11-6.87%

Resolved Trades

No resolved 1D trades in the 1Y.

Two troughs at a comparable level either side of an interim peak; the pattern completes on a close above the neckline.

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Size a position against this pattern's measured win rate: capital required, expected value and half-Kelly sizing.

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Recent Detections (5)