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A double bottom can come in any time frame, 5min, 1hour, daily,...

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    lightbulb Created with Sketch. 30
    A double bottom can come in any time frame, 5min, 1hour, daily, weekly etc. Its just another change of trend reversal pattern. As is a double top.
    The one I've shown above with zip is on the daily, and can easily be seen on the hourly also.
    AGL, daily chart below is a perfect example finding support @ 5.10 and away she went.

    https://hotcopper.com.au/data/attachments/4517/4517853-c27fffc6262d7c7e8a128b39d204cdab.jpg

 
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