This doesn't seem like a double bottom? At least not in W shape as mentioned in the double bottom scenario also isn't RSI to be neutral in case of the double bottom and not diverge?
Rajasekarv81
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Ok, May I miss understood it's just forming half portion v, Is that mean in couple of weeks/days it will reach its previous bottom and potentially go uptrend? Would be good if you shed some light on my understanding
ManipulatedAnalyst
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@Rajasekarv81,
If we see this in Line Chart, Then Double Bottom is visible..
If any doubts or correction.. Then please suggest.
Thank You..