Failed Double Bottom: Small vs Large Chart Patterns

In this example on the PRAX Daily Chart, you see a bullish double bottom fail to extend to new recent highs due to it being a part of a larger bearish pattern.

It demonstrates that the typical behavior of chart patterns can fail to produce their typical results if found within larger chart patterns.

Chart PatternsChart patternsDouble BottomTechnical IndicatorsTrend Analysis

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