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Rounding Bottom / Saucer

The Rounding Bottom pattern forms with a curved shape at the bottom, signaling a transition from a downtrend to an uptrend.

Rounded bottomRounding Bottom: Multiple rounded bottoms → Gradual rise

Pattern Details

Category

reversal

Success Rate

79%

Average Move

+24%

Duration

4-8 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Initial phase: Price decline gradually slows
  • 2
    Bottom phase: Price moves sideways, creating rounded bottom
  • 3
    Rise phase: Price rises faster than it fell

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Enter long position when price breaks above resistance line
  • ✓
    Volume typically forms a U-shape
  • ✓
    Target = Height of the pattern
  • ✓
    Stop loss placed below the bottom of the pattern
Trading Tips
  • Pattern forms slowly, requires patience
  • Volume increases toward the end of the pattern
  • Also known as "Saucer" pattern

Statistics

Breakout Statistics
Bullish Breakout79%
Bearish Breakout0%
Performance Metrics
Average Rise+24%
Average Decline-0%
Pullback Rate9%