A trend reversal chart pattern formed at the end of a downtrend when the price of a single security or an index declines three times (either gradually or spiked) to roughly the same price level before reversing direction and beginning an Uptrend. Compare to Cup with Handle; Double Bottom; Head and Shoulders; reverse Head and Shoulders; Rounded Bottom; V bottom. See trend Compare to Double Top; double bottom. See Bottom.
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Forward Cover Taking
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