How to trade BUMP AND RUN (BOTTOM)?
Trend: Bearish
Type: Reversal
Timeframe: From 1h
Entry point: After hitting the support line and fixing above the bearish trendline
Shape: It is even price drop along the trend line at an angle of 30 - 45 degrees, then a change in the angle of fall to 45 - 60 degrees. Which in turn looks like a sharp fall
Trendlines: A bearish trendline, along which a uniform decline in price occurs
Candles: Along the first fall, candles of same size, do not have long and aggressive shadows
Bottom: The depth of the bottom is approximately twice the height of the candles
Bounce: The bottom bounces off the support level. After that, we expect the price to fix above the bearish trendline to confirm the figure
Confirmation: The pattern is confirmed when the price closes above the bearish trendline