best forex trading strategy for Double Bottoms

Posts: 454 · #91 - June 24, 2020, 07:29:14 PM

Double bottom pattern is great for reversal patterns, just look for two valleys and wait for confirmation

Posts: 850 · #92 - July 18, 2020, 07:16:21 PM

Double bottom area below as a strong support for the second time, if it happens so the marker will continue to move up until it penetrates the resistance.

Posts: 141 · #93 - March 01, 2021, 08:00:20 AM

This strategy is indeed good for price reversals where this double top bottom pattern has high accuracy, but still don't open positions just yet

Posts: 530 · #94 - March 04, 2021, 09:37:44 AM

This pattern is almost used by all beginner or pro traders because it is easy to find, we just have to look for 2 highs or 2 lows in a trend and wait for confirmation to break then open a position

Posts: 365 · #95 - March 06, 2021, 01:12:51 AM

I often see double bottom chart patterns when surfing in cyberspace to see the pattern pattern trading system reference, but for practice I have to be very patient

#96 - **Today** at 06:18:03 AM

Posts: 22106 · #96 - January 04, 2026, 11:00:20 PM

I believe a double bottom is a powerful price action pattern when used in the right context, but calling it the ?best trading strategy? can be misleading. This pattern should be treated as an analytical tool, not a complete system. To increase its probability, a double bottom is ideally combined with clear trend context, support-resistance levels, volume, or other price action confirmation, and disciplined risk management.

Posts: 22106 · #97 - February 12, 2026, 09:39:01 AM

Quote from: Rudi on February 05, 2019, 04:23:44 AM

how to calculate for the open position of this technique is the same as the technique that I have developed now, because it is seen from shoots and valleys as a reference or support and resintance

#..

In my opinion, the most important thing isn't just recognizing these levels, but also confirming their validity before taking a position. Not all peaks and valleys are significant.

Posts: 22106 · #98 - March 05, 2026, 09:45:58 PM

Quote from: Sant1 on May 01, 2019, 12:27:01 PM

Very good explanation of the double bottom and double top, for more valid signal analysis, what timeframe?
whether H4 or D1 and maybe 1W which is better and more valid in this signal.

In general, the larger the timeframe used, the stronger and more reliable the resulting pattern is considered. This is because price movements on larger timeframes reflect market decisions from more market participants over a longer period of time.