Rounded bottom candlestick pattern

Introduction


Dear friends, I hope you are doing well and enjoying your life, today we will discuss the rounding bottom candlestick pattern in forex trading . I hope my words will be very informative and knowledgeable for you, so let's get started with.



What is rounding bottom


gole neechay ka hissa cupp aur handle ke patteren se milta jalta hai, lekin" handle" hissay ke earzi neechay ki taraf rujhan ka tajurbah nahi karta hai. gole neechay ki ibtidayi girty hui dhalwan supply ki zayad-ti ki nishandahi karti hai, jo stock ki qeemat ko neechay laane par majboor karti hai. oopar ke rujhan mein muntaqili is waqt hoti hai jab khredar kam qeemat par market mein daakhil hotay hain, jis se stock ki maang barh jati hai. Rounded bottom mukammal honay ke baad, stock toot jata hai aur –apne naye oopar ki janib rujhan mein jari rahay ga.




KeY feature of rounded bottom

Rounded bottom chart patteren market mein misbet tabdeeli ka ishara hai, yani sarmaya car ki tawaquaat aur raftaar, basorat deegar jazbaat ke naam se jana jata hai, aahista aahista mandi se taizi ki taraf muntaqil ho rahay hain .





Working of rounded bottom

gole neechay ka hissa cupp aur handle ke patteren se milta jalta hai, lekin" handle" hissay ke earzi neechay ki taraf rujhan ka tajurbah nahi karta hai. gole neechay ki ibtidayi girty hui dhalwan supply ki zayad-ti ki nishandahi karti hai, jo stock ki qeemat ko neechay laane par majboor karti hai. oopar ke rujhan mein muntaqili is waqt hoti hai jab khredar kam qeemat par market mein daakhil hotay hain, jis se stock ki maang barh jati hai. Rounded bottom mukammal honay ke baad, stock toot jata hai aur –apne naye oopar ki janib rujhan mein jari rahay ga. Rounded bottom chart patteren market mein misbet tabdeeli ka ishara hai, yani sarmaya car ki tawaquaat aur raftaar, basorat deegar jazbaat ke naam se jana jata hai, aahista aahista mandi se taizi ki taraf muntaqil ho rahay hain .

Re: Rounded bottom candlestick pattern

The Rounded Bottom candlestick pattern is a technical analysis pattern that can occur in forex trading charts. It is also known as the "saucer bottom" pattern, and it is characterized by a gradual decline in price, followed by a period of consolidation, and then a gradual rise in price.This pattern can be identified by looking for a series of candlesticks that form a rounded shape with a low point in the middle, and higher lows on either side. The rounded bottom pattern indicates that the market has reached a bottom and is now likely to start an upward trend.Traders who use this pattern may look for opportunities to buy when the price breaks above the resistance level that has formed at the top of the saucer. They may also use other technical indicators to confirm the validity of the pattern and to determine their entry and exit points.It's important to note that no trading strategy is foolproof, and traders should always practice good risk management and have a solid understanding of market fundamentals before making any trading decisions.