Group: Reversal
Description: A gradual rounded bottom followed by an upward breakout.
Key Characteristics:
- Slowing decline and smooth accumulation
- Develops over long periods on higher timeframes
Trading Logic: Buy on breakout above resistance. Stop-loss below local lows. Target equals the height of the formation.
Example: Classic in crypto after bear markets.
Conclusion: A strong accumulation signal and beginning of a bull cycle.
