rounding bottom candlestick pattern.full discussion

Dear forum members forex trading market ko join karny say pahle aapko technical analysis skills Sikh lana chahie.Technical analysis ke liye aapke pass candlestick aur chart Pattern ka knowledge hona bahut jyada important hai. agar aap technical analysis karke trading karte hain to aapko bahut jyada profit hasil ho sakta hai.In hi chart Patterns mein se ek important Patterns,round-bottom pattern hai. Main aapse is pattern say related kuch important information share karna chahti hun.



Definition by Pattern:



Dear member job forex trading market gradually downward movement karti hai ,to sometime aap ko aik round shape find out ho sakta hai,is candlestick Pattern ko aap rounding bottom candlestick pattern keh sakte hain.



How to identify:


Forex trading mein rounding bottom pattern formation ke liye market ko consistently bearish movement karni chaiy. jab market gradually downtrend complete krty huy aik support level per bullish trend mein jana start kar deti hai, Is gradual decline say chart pattern round shape mein nazar aata hai .isliye is formation ko round bottom pattern kehty hain.


Interpretation of Rounding Bottom:

Ager aap Forex trading market mein rounding bottom candlestick pattern ko recognize kar lete hain, to iske bad aap ko market mein bahut hi acchi buying entry mil sakti hai.jab market is candlestick pattern ke bad buying trend milta hai,to aap ko aik acchi strong support entry mil sakti hai.


Risk Management:

Forex trading mein kamyabi ke liye hamesha proper risk management karke trade karni chaiy. Trade lagane se pahle aapko risk reward ratio ko follow karke lot size select karne chahie.

Re: Rounding Bottom candlestick pattern.Full Discussion

What is a Rounding Bottom Formation?

The rounding bottom is a reversal chart pattern, which develops after a price decline.
As a stock is trending lower, the rate of the decline will begin to slow down. This is followed by a range pattern, which ultimately shifts into a slow gradual increase. This increase ultimately leads to a bullish move.
The pattern will appear symmetrical in nature when comparing the bearish and bullish sides of the formation.
Rounding Bottom

As you see, the price gradually switches from bearish to bullish. Note that this chart pattern could be found on any time chart. The pattern is truly relative to the time frame you are trading.
However, the one thing that each timeframe has in common is that the formation takes a lot of time to complete.
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There are other chart patterns which are first cousins to the rounding bottom, such as the saucer bottom and half-pipe bottom pattern.
Volume Indicator on Rounding Bottom Pattern

Volume is a key indicator for identifying and validating the rounding bottom pattern.
The pattern will start with higher volume as the stock experiences its final plunge lower. This high volume event is then followed up with lower volume as the stock consolidates in a range. Lastly, the volume will begin to pick up again as the stock begins its bullish move higher.
Let’s now review the same chart, but now we will include the volume indicator:
Rounding Bottoms and Volume Indicator

The volume indicator is displayed at the bottom of the chart. As you can see in the formation, high volume in the beginning, flat in the middle and volume increase on the way out.
A simple method to visually validate the pattern is to draw a line connecting the tops of the volume indicator for each price period.
You will notice that volume will also mirror the same rounding pattern. Pretty cool uh?
Profit Target for the Rounding Bottom Formation

The potential of the rounding bottom chart pattern is bullish. After the trend switches from bearish to bullish, the expectation is for price to continue expanding higher.
But the question we all want answered is, how much higher? The simple answer is the move higher will be at least the size of the rounding bottom formation.