The rounding bottom is a U-shaped bottom, also called "saucer. " The dip is very rounded with a flat bottom. However, we see in many cases several bearish peaks but they do not put in question the validity of the pattern.

The neckline of the pattern is formed by the highest point prior to the formation of the U.

Here is a graphical representation of a rounding bottom:




There is no theoretical target price. Some authors measure the depth of the U and report it on the neckline like on a double bottom for example. However, it is not advisable to apply this method, indeed the target is then reach in only 36% of cases. The theoretical objective that is recommended is to measure the depth of the U and then divide by 2, to postpone this height on the neckline.

The rounding bottom has been lengthily considered as a reversal pattern. However, the work of T. Bulkowski showed that in many cases the rounding bottom is a continuation pattern. However, when the neckline is broken, the results are very good.

Normalement une tasse avec anse ou une cup, c'est suite à un mouvement haussier et non pas en retournement.....mais je veux bien

Ah! j'ai appris quelque chose. TKS

Oula, on est en train de "sauter" la bollinger sup mensuelle....c'est pas rien (18,18$ exactement)
Donc attention les lunettes si on clôture demain soir au dessus, on fera un T1 mensuel!

Bonjour les gollums

Décollage immédiat pour 19,30 pour commencer sur le gris

Que la fête commence