Phrases with «double bottom»

The phrase "double bottom" refers to a situation where a financial market or stock price hits a low price level two times before starting to rise again. It indicates a potential trend reversal, suggesting that the market or stock may have reached its bottom and is likely to start increasing. Full definition

double (parent phrase)
bottom (parent phrase)

double bottom

Related phrases

double bottom pattern
bottom of the double boiler

Sentences with «double bottom»

The relationship between this center pivot and current price marks an important focal point as the skilled trader closely watches the development of a suspected double bottom pattern. (tradingday.com)
His ending point — be in pursuit of the «double bottom line» not just profit but social responsibility and social impact — including an impact on you. (inc.com)
By the end of this article, you should be able to identify and trade good double bottom chart patterns. (fxdayjob.com)
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Phrases with «double bottom»

Related phrases

Sentences with «double bottom»

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