Double Bottoms Revisited by Pawel Kosinski
Chart patterns are often thought of as subjective, but there are ways to look at them objectively. Here, we evaluate the double-bottom pattern to see how reliable it is.
All traders know at least a little about chart patterns: double bottoms, double tops, flags, pennants, and so on. Chart patterns have been explored and documented in various books on the financial markets and trading, including the excellent books by Thomas Bulkowski, which have been mainstays in the field ...