The Double Bottom is a bullish reversal pattern that signals a potential trend change from a downtrend to an uptrend. It forms after the price tests a support level twice without breaking it, creating two distinct lows. #trading #tradingtips #investing #daytrading #stockmarket
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1. Downward Trendline: Indicates lower highs, showing bearish pressure. 2. Support Line: A key level holding price, but breaking below confirms a bearish move. 3. Breakout Confirmation: Closing below support often triggers accelerated downside momentum.
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A Bullish Rectangle is a continuation pattern in which the price consolidates between parallel support and resistance lines during an uptrend. It signals potential breakout opportunities, usually to the upside, after this consolidation phase, continuing the bullish trend
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