How to trade BUMP AND RUN (TOP)?
Trend: Bullish
Type: Reversal
Timeframe: From 1h
Entry point: After making a hit and fixing the price below the trendline
Shape: It is even price increase along the trend line at an angle of 30 - 45 degrees, then a change in the growth angle to 45 - 60 degrees. Which in turn looks like a sharp grow
Trendlines: Bullish trendline along which the price rises evenly
Candles: Along the first growth candles of same size, do not have long and aggressive shadows
Bottom: The height of the hill is approximately twice the height of the candles
Bounce: The high bounces off the resistance level. After that, we expect the price to fix below the bullish trendline to confirm the figure
Confirmation: The pattern is confirmed when the price closes below the bullish trendline