分類:DBBLF

Double Bottom Bull Flag, so when bull buy signal bar, there is a 40% chance of a breakout above the recent swing high, which is the neck line of the DB, and a measured move up. DBBLF usually happens at EMA area. When a DBBLF happens late in a bull trend, it is often a final BLF, especially when the rally is weak or part of one or more other reversal patterns^[1]. For e.g. if bull trend is a relative broad bull channel and the setup is also a WT (or even part of NW), or at MM target^[2].