The Rounding Bottom pattern is a bullish reversal formation in candlestick charts, resembling a bowl or "U" shape. It signals a gradual shift from downtrend to uptrend, where prices round off and start climbing, indicating potential long-term gains.
The Rounding Bottom pattern is a bullish reversal formation in candlestick charts, resembling a bowl or "U" shape. It signals a gradual shift from downtrend to uptrend, where prices round off and start climbing, indicating potential long-term gains.