Perfect Pairings: How to Pair Floor Mirrors with Your Room Furnishings

A Double Bottom Pattern is an aggressive bullish trend reversal (or even call the other side a Double Top). It usually has three parts to it: First, a first low. Second, a second low. Third, a third low.

In a double bottom pattern, the first low is followed by a strong push into bear market resistance. The price bounces off that resistance and then repeats the process two times, getting close to a Fibonacci level. At this point, a break out of the trend is likely. A Fibonacci level can be determined by plotting the resistance and support levels on a chart.

Of course, knowing the dynamics behind the double bottom pattern gives us clues about when to enter a trade and which trades should be avoided. At a bare minimum, we should have a basic understanding of technical analysis. Technical analysis uses charts to analyze price movements and its relationship to general economic factors and market expectations.

Technical analysis shows us how price breaks down from a trend in a chart. Prices tend to follow a directional pattern called a trend line. When price breaks out of a trend at a certain point, the trend line becomes broken. In a double bottom pattern, this breakout happens near the continuation of the price trend on a negative slope.

These patterns are called reversal patterns for a reason. When a stock or other investment is poised to reverse out of a trend, a reversal pattern can be indicated. The uptrend is signaled by the break out of the previous trend. And the downtrend is signaled by a break down of the current trend.

A double bottom pattern is created when a stock or security breaks out of a long range (trend) and heads towards a lower timeframe support area. In technical analysis, breakouts are indicators that a stock or security is ready to head towards a reversal pattern. If you are already in a trading position that is favoring a reversal, the best time to enter the market is when the pattern is indicated on a longer chart. If you are not in a position to enter when the pattern is indicated on a shorter timeframe, don’t even think about it! You will be placing too much money in a bad trade.

The double bottom pattern can be created in either a horizontal or vertical bar chart. Either one will work, but it really depends on which chart you choose. Horizontal versions of the pattern are usually indicated on the second day (or day before) of a long bull or bear market. The price of that security may have reversed out of the trend and be ready for a reversal. The longer the time frame, the better!

Vertical versions of the double bottom pattern are more difficult to create and may require the use of candlestick charts. You will see many versions of the pattern were both tops and bottoms are equally represented by candlestick style bars. It is important to be aware that trading with candlesticks means you need to take advantage of the reversal patterns they indicate. You should always treat a trend as a double bottom and work from either the short side (trend) or the long side (counter trend). It doesn’t matter if the trend is sideways (between two bars), moving up (over a bar) or down (nearing a bar).

With the reversal, it’s easy to see how a double bottom pattern can be triggered. When it is released, it means that the price has reversed out of the trend (going down). This opens the door for further gains as the price starts to retrace (go up). When the move is complete, the uptrend has been completed and now the price is set to continue its recovery (move higher). If, however, it’s the other way around (where the downtrend has reached a resistance and the price has started to move up), then a reversal is imminent.

This trading strategy is very effective when used in a combination of other tactics. For instance, if you are already close enough to the support zone (close enough to touch the lower lows and the resistance at the same time), you don’t want to risk exiting your position too early (risking the loss of a small amount of money). Likewise, if you are close enough to the support at the top but not to the tops, it would be a bad idea to exit your trade there either (since you might hit an unfavorable exit limit and be forced to double down or get out of the trade at double the original price). It’s much better to wait for the pattern to reach its highest point on the chart before entering the trade (that way, you’ll have more chances of hitting it with good volume). This is where the trading strategy is most useful. Another trading trading is reversal candlestick patterns which you can take a look too. 

The double bottom pattern gives us another tool to use when entering and exiting trades. In fact, it’s probably one of the most important of all. Don’t make the mistake of being too aggressive early in the move. Instead, wait for the price to make a big move higher before entering the trade. It’s better to ride the move and make some profits here than to lose everything in a big downturn.

Vinyl flooring is the first choice of homeowners because of its resilience,durability,easy care and maintenance. Although it doesn’t require much care,you still need to maintain its shine by regular cleaning. In this guide,we are sharing some of the easiest ways to clean vinyl flooring to help you. These ways are very cheap and do not require any special product and tools.

Begin With Dry Cleaning

The first thing you should do is to dry clean the floor. It will remove all the dust and dirt from the floor making the wet cleaning easy. Use a vacuum cleaner or simply a dusting broom to get rid of any debris from your vinyl floor of plank.

As an advice,never use a vacuum cleaner with a rotary brush head or a beater bar as they can scratch your floor. Clean each and every corner,baseboards etc. Don’t forget to clean below the furniture. If you skip this step,wet cleaning will become very messy as the wet mop will scatter the dust,hair strands all over.

Get Rid Of Stains

Although vinyl flooring is easy to clean,it gets stained very easily. These stains make the floor look dull and dirty. You can use any kind of PH neutral floor cleaner for cleaning the stains from your vinyl floor. Also,never use ammonia rich cleaning products,strong detergents and hard scrubbers for vinyl as they can damage the floor and make it even more dull and damaged.

So,always use a mild floor cleaner for removing stains from the vinyl flooring. If you don’t want to use any commercial product,you can make your own DIY floor cleaner. For this,make a paste of baking soda and water. Apply this paste on the stain and leave it for 10 minutes. After that,scrub it gently till the stain is completely removed. Wipe the surface and clean the entire floor with a wet mop.

Baking soda is the cheapest and an excellent cleaner. Plus,it is safe for the vinyl floor.

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Remove The Scuffs,Scratches and Nicks

After eliminating all the stains from your vinyl floor,you might spot scuffs all over. Don’t worry you can remove these easily. Minor scuffs are pretty normal with the vinyl floors. You have to clean them well to make the floor look shiny and finished.

Getting rid of scuffs is very easy,you can simple buff them up using a melamine sponge. It will remove all the scuffs without causing any damage to the vinyl. However,if the nicks,scuffs and scratches are major,you may need to replace the tile.

Use Vinyl Sealers

Vinyl floors last for years if taken good care of. To make them last for long and to keep them ever shiny,you need to apply vinyl sealers. Sealers are usually applied at the time of floor installation,but the vinyl floor needs to be resealed every few years when it starts to look dull.

This is especially true for the high traffic areas like your living room and porch. Sealing your vinyl tiles will protect them from moisture,dirt and scratches,so don’t skip this step.

Protect Your Vinyl Flooring

Prevention is always better than care. The best and easiest way to maintain the shine and finish of a vinyl floor is by protecting it with a rug or mat. It will provide a great defense against dirt,debris and scratches. On top of it,rugs and carpets look aesthetic,you can get one according to your interior.

Moreover,to prevent the floor from scratches,use felt protectors on the legs of heavy furniture. In the high traffic areas,place rugs and doormats to make sure that the dirt particles don’t damage the floor. Lastly,always use a dolly to move furniture to prevent the tearing of vinyl tiles.

Conclusion

There you have it,easiest but the most effective ways to keep your vinyl floor shiny and clean. If you take care of some simple things and clean your floors at regular intervals of time,your vinyl flooring will last for years without losing its shine!

Thanks for your time reading this article. Visit the Author’s site here: CoverTec