Back to Chart Patterns

Tower Bottom

The Tower Bottom has declining sessions creating a tower on the left, then advancing sessions creating a symmetrical tower on the right.

Candle towerResistanceTower Bottom: Candles form tower → Break resistance → Rise

Pattern Details

Category

reversal

Success Rate

72%

Average Move

+15%

Duration

2-4 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Left portion: Declining candles creating downward tower
  • 2
    Tower bottom: Lowest point
  • 3
    Right portion: Advancing candles creating upward tower symmetrically

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Enter long position when right tower completes
  • ✓
    Volume should be symmetrical on both sides
  • ✓
    Target = Height of the tower
  • ✓
    Stop loss below tower bottom
Trading Tips
  • Symmetrical pattern is most important
  • More effective than Tower Top
  • Confirm with volume

Statistics

Breakout Statistics
Bullish Breakout72%
Bearish Breakout28%
Performance Metrics
Average Rise+15%
Average Decline-4%
Pullback Rate10%