- Entry
- 1.4749
- Stop
- 1.5269
- TP1
- 1.3979
- TP3
- 1.2689
◆ +2,159🔥 1💬 2
See the full outcome →chart patternbullish
Double Bottom (W Pattern)
The Double Bottom pattern illustrates strong institutional absorption at a recurring price floor. The pattern confirms when price breaks out through the neckline peak.
Identification Rules & Structural Requirements
Checklist required before validating this formation.
- 1.First trough establishes a major reaction low.
- 2.Subsequent rebound creates a resistance pivot (the neckline peak).
- 3.Second trough tests the first trough level within a 1-3% tolerance without breaking down.
- 4.Breakout above the neckline with expanding volume triggers the entry.
Invalidation Criteria:
A sustained breakdown and candle close below the support floor of the two bottoms.
Execution Discipline
Trade this setup with mathematical R:R
A chart pattern only provides positive expectancy when your reward targets exceed your risk boundaries. Always compute your position size and breakeven win rate before executing.
Active & Graded Calls Demonstrating Double Bottom (W Pattern)
Empirical evidence from TradeLiveX's public prediction ledger.
+2.00RB
12
- Entry
- 7.48
- Stop
- 7.21
- TP1
- 7.86
- TP2
- 8.12
◆ +4,994🔥 2
See the full outcome →- Entry
- 0.08777
- Stop
- 0.08510
- TP1
- 0.09180
- TP3
- 0.09790
entry 0.08777, sl 0.0851, t1 0.0918**. breakout at today's highs, key resistance flipped support. inscritive volume and rsi(59.7) breach confirming trend shift. target 0.0918, stop below range low at 0.0851 invalidates.
◆ 1,000🔥 1
Follow this call →Live
1
- Entry
- 766.28
- Stop
- 792.77
- TP1
- 726.57
- Conviction
- high
Short $BNB at 766.29, stop 792.77. Target 1: 726.57. Breaking 6-hour compression range, today's price level resonant with 200-EMA & volume expansion. RSI(50.5) flirting with 50, confirming structural shift. If 792.77 fails, respecting momentum's invalidation before seeking 726.57
◆ 1,000
Follow this call →