DOUBLE BOTTOM CONFIRMATION
A double bottom is a technical analysis chart pattern that signals a potential reversal of a downtrend in the price of an asset. It is characterized by two consecutive troughs or lows at approximately the same price level, separated by a peak or a temporary rally between them. The pattern is considered bullish and suggests that the downtrend may be losing momentum, with the potential for a trend reversal to the upside.
FIND DEMAND ZONE
buy demand zone in the stock market refers to a specific price range on a stock chart where there is a significant concentration of buying interest and demand for the asset. Traders and investors identify these zones based on historical price action and patterns. The rationale behind focusing on buy demand zones is that they often represent areas where buyers are likely to step in and drive the price higher
GAP ANALYSIS
In the context of financial markets, a "gap" typically refers to a significant difference between the closing price of a security on one trading day and the opening price on the next trading day. This difference results in a visible gap on a price chart. Gaps can occur for various reasons, such as overnight news or events that affect investor sentiment.
