Beginner · Candlestick & chart patterns
Double Bottom
What it means
Price fell to a low, bounced, returned to the same low and held it again, and has now closed above the peak between the two attempts, indicating a potential reversal up.
At a glance
- Directional bias
- Bullish reversal
- Sessions to form
- 9 consecutive sessions
- Curriculum tier
- Beginner
- Pattern family
- double
Practise this pattern in the Simulator
Reading a definition is not the same as spotting one. Run Double Bottom on real historical NSE daily bars in the Pattern Arena — the chart pauses and explains the formation each time it completes. Virtual capital only.
Practise Double Bottom in the SimulatorRelated patterns
Double Top
bearishPrice rallied to a high, fell away, returned to the same high and failed again, and has now closed below the trough between the two attempts, indicating a potential reversal down.
Doji
indecisionPrice travelled through the session and closed right back where it opened, so neither buyers nor sellers won and the current trend has lost its conviction.
Hammer
bullishSellers forced price sharply lower and buyers bought all of it back before the close, rejecting the lower prices and hinting at a potential floor.
Bullish Engulfing
bullishBuyers have overwhelmed sellers, erasing the whole of the previous down session in one move and indicating a potential reversal upward.
Bearish Engulfing
bearishSellers have overwhelmed buyers, erasing the whole of the previous up session in one move and indicating a potential reversal downward.
Morning Star
bullishA strong down session is followed by a small-bodied pause and then a strong up session, showing selling pressure fading and buyers taking over at a potential bottom.
Educational reference only. This describes what traders conventionally read into the Double Bottom formation. It is not a trading signal, a prediction or investment advice, and no pattern is reliable on its own. Finance Onyx is a simulated educational platform: all practice uses virtual capital and no order is ever routed to a broker or an exchange.