This technical pattern has recently appeared a few times, and I want to share my observations.

Double Bottom Pinch — two long lower shadows appearing side by side. My personal understanding is that the main force usually conducts a shakeout at this point. The retail investors who are wavering are basically cleared out, and the pressure to push higher will be less. Especially in cases where volume contraction occurs during the shakeout, the signal is more obvious.

Of course, some say that technical patterns are not very useful and that fundamentals are more important. There's no need to overthink this; everyone has their own trading logic, so just follow your own approach.

But what I want to say is that after the double pin pattern appears, the outcomes can vary quite a bit —

Sometimes, with volume increasing or decreasing in an orderly fashion, the double pin appears and the price hits the daily limit directly, which is the most ideal scenario.

There are also cases where the double pin appears after a few days of sideways movement, followed by a relatively decent rally.

But I’ve also seen very clear double pins with almost impeccable patterns, yet the volume can't keep up, resulting in only a slight increase of two or three points, then no follow-up. This situation is the most heartbreaking.

So, the key is still volume. The pattern is just a pattern; volume confirmation is what really counts. Having only the chart without trading volume support is just watching pretty candlesticks. Those interested can observe this pattern more closely; you might gain quite a bit.