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[Music] hey everybody welcome back to fsp forex stock predictions hope you are all having a great day i am the vortex trader and today we are on the dax 30 the german 30 top 30 companies in germany we are on the four-hour time frame and we are looking at a potential double bottom that could be forming as we speak today is july the sixth lets get into this chart so what are we looking at well we can see that price has moved down making a lower low and a lower high making another lower low and what i am interested in is this right here we can see that price came down right formed a new support level came back up struggled to break this area right here as resistance and now what i am looking to see is lets see if price does something like this comes back down right lets extend out this bar i would then be looking if it does if price does do this then that is a double bottom pattern so i would then look for price to move back up close above this area right here which is called the neckl