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More Busted Double Bottom Results The following numbers are the results from perfect trades in bull markets, unless otherwise noted. Do not expect actual trading results to match those discussed below.

Bulkowski's Busted Double Bottoms - The Pattern Site

What is the drop from perfect trades after all busted double bottoms? The average drop in a bull market: 15 Median (mid range) drop in a bull market: 12 The average drop in a bear market: 22 Median drop in.

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At G, price closes above the top of the double bottom, busting it for the second time. To finish the double bust, price continues to rise to H and beyond, more than 10 above the top blue line.

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The average drop: 21 Median (mid range) drop: 20 The average drop (for comparison) of double tops (busted and non-busted) is: 16 from 1,658 patterns in bull markets, using data updated October 2011.

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