█ This indicator shows V bottom & V top patterns as well as potential V bottom & V top.
These V bottom & V top are chart powerful reversal patterns.
They appear in all markets and time-frames, but due to the nature of the aggressive moves that take place when a market reverses direction, it can be difficult to identify this pattern in real-time.
To address this...
Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top).
In this strategy, I use Pivot High/Low to find Double top and bottom.
Entry long: when Double bottom occur.
Entry short: when Double top occur.
Risk: Reward: You can change % Stop loss and...
![BTCUSDT: V Bottom & V Top Pattern [Misu]](https://s3.tradingview.com/6/6qmzhNzi_mid.png "V Bottom & V Top Pattern [Misu]")
