Category:H2

Al Brooks call it "H2": Two legged pullback in a bull move, but it can also be a 2nd reversal up from a selloff, so variation of a double bottom. There is one thing that is actually very important to mention, the "A2" term by ninetrans below is a subset of Al Brooks' H2, because Al Brooks look at double bottom a H2 as well, however the fact that they both are called H2 can lead to some confusions to beginner traders, making them think a H2 in a double bottom from a trading range has same probability of success as a H2 in a trend, but in reality, the H2 in a strong trend almost always has higher probability than a H2 in a DB^[1].