Topic : Rounding Bottom Chart Pattern

✍️ A rounding bottom chart pattern can indicate either a continuation or a reversal of a trend. In an uptrend, a rounding bottom may form as the asset's price experiences a temporary pullback before resuming its upward trajectory. This type of pattern is considered a bullish continuation signal.

✍️ Conversely, a rounding bottom can also signal a bullish reversal in a downtrend. In this scenario, the asset's price forms a rounding bottom before reversing its downward trend and entering an uptrend. This type of pattern is considered a bullish reversal signal.

✍️ It is important to note that rounding bottom chart patterns are not always reliable indicators of future price movements. As with any technical analysis tool, they should be used in conjunction with other forms of analysis to make informed investment decisions.