ASXDouble Bottom

64% ConfidenceDetected May 30

Signal Snapshot

As of May 30, 2026, ASX is showing a Double Bottom pattern with 64% confidence on the daily timeframe. SCTR 24.1 (bullish zone), Confirmed Bull trend. EdgeOS buy trigger $41.02 · Target $42.40 · Stop $40.18.

EdgeOS Levels — ASX

Close
$38.35
Buy Trigger
$41.02
+1 ATR Target
$42.40
Stop
$40.18
SCTR
24.1
Trend
Confirmed Bull
Bull Count
0
Bear Count
0
Other Stocks Showing Double Bottom Today

Frequently Asked Questions

Is ASX showing a Double Bottom pattern?

Yes. ASX is currently showing a Double Bottom pattern with 64% confidence on the daily timeframe (detected 5/30/2026).

What is the confidence level for the ASX Double Bottom?

The ASX Double Bottom has a confidence score of 64%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for ASX?

ASX's EdgeOS buy trigger is $41.02, target $42.40 (Saty ATR +1), stop below $40.18.

How often does the Double Bottom succeed?

The Double Bottom has a historical win rate of 61% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice