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SM Stock Market Method

The Double Bottom #shorts

TL;DR

The Double Bottom. Two equal lows Wait for the neckline Target the height.

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“The Double Bottom. Two equal lows Wait for the neckline Target the height.”
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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a trigger and a key level before a setup qualifies as a trade.

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Full transcript

1 sections

0:00Two tests of the low and a downtrend quietly ends. Price tests a low, bounces, and tests it again. The pattern confirms only when it breaks the neckline. I break down the full neckline entry on a real chart. Link in the description.