• Email Us : intradaytricks@gmail.com
trade based on double bottom reversal strategy

Trade based on Double bottom reversal strategy


What is a 'Double Bottom'?

A double bottom pattern is a technical analysis charting pattern that describes that indicated trend changing.

The Double bottom is a reversal pattern meaning it is used to catch trend reversals.

trade based on double bottom reversal strategy

Trade based on Double bottom reversal strategy

Step 1 : Select one stock from Active by volume list.

Step 2 : If that stock going down and again coming up mart that low value as bottom one.

Step 3 : Again that stock going down and coming up mark that low value as botton 2 value.

Step 4 : Now that candle stick chart look like "W" letter.


trade based on double bottom reversal strategy

Trade based on Double bottom reversal strategy


Step 5 : Now draw one horizontal line over "W" letter.

Step 6 : If candle stick cross that line buy.

Step 7 : Book Profit based on Nifty strength.