ELS — Double Bottom

79% ConfidenceDetected May 30

Signal Snapshot

As of May 30, 2026, ELS is showing a Double Bottom pattern with 79% confidence on the daily timeframe. SCTR 3.1 (bearish zone), Confirmed Bear trend. EdgeOS buy trigger $62.50 · Target $63.33 · Stop $61.98.

EdgeOS Levels — ELS

Close
$61.77
Buy Trigger
$62.50
+1 ATR Target
$63.33
Stop
$61.98
SCTR
3.1
Trend
Confirmed Bear
Bull Count
0
Bear Count
1
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Other Patterns — ELS
Bull FlagBear FlagBull PennantBear PennantAscending TriangleDescending TriangleSymmetrical TriangleHead and Shoulders

Frequently Asked Questions

Is ELS showing a Double Bottom pattern?

Yes. ELS is currently showing a Double Bottom pattern with 79% confidence on the daily timeframe (detected 5/30/2026).

What is the confidence level for the ELS Double Bottom?

The ELS Double Bottom has a confidence score of 79%. 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 ELS?

ELS's EdgeOS buy trigger is $62.50, target $63.33 (Saty ATR +1), stop below $61.98.

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