A bullish reversal pattern where price hits a similar low twice before rising. Recognizing this pattern reliably takes practice, and most traders combine it with volume, momentum, or a clear breakout confirmation before acting on it.
A bullish reversal pattern where price hits a similar low twice before rising. Recognizing this pattern reliably takes practice, and most traders combine it with volume, momentum, or a clear breakout confirmation before acting on it.
It signals sellers failed twice to push price lower, hinting at reversal. For beginner traders in particular, grasping this concept early helps avoid common, sometimes costly misunderstandings further down the road.
Confirmed on a break above the high between the two lows. It shows up in day-to-day trading through price charts, broker platform data, or news commentary, and recognizing it quickly can meaningfully shape decision-making in the moment.
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