Customer Support : 020-61923200, [email protected] | Call and Trade : 020-61923220
Bullish double top buy pattern occurring after low pole pattern is a low pole follow through formation. It is a 6-column pattern.
1 – Low pole
2 – Double top buy pattern
Low pole shows strong demand that shocked bears at the lower level. Low pole follow through offers an affordable bullish trade opportunity.
Prashant Shah explains this concept in his book on P&F charts.
This pattern can be plotted on the chart by adding it from the study menu in TradePoint & RZone. The pattern is also available in the system builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.