pattern
intermediate
Neckline Reversal
A W-shaped base where price clears the middle peak (neckline) of a double-bottom structure.
A neckline reversal is the breakout above the intervening peak between two troughs in a W-pattern (double bottom). Clearing the neckline on volume confirms the reversal structure.
Swing Edge's Structural Breakout scanner tags neckline-style clears alongside multi-week flat-base breaks.