Bump and Run Reversal Bottoms   

Bump and Run Reversal Bottoms Resembles a frying pan with the handle on the left, following a trendline down until a large decline ensues. After a deepening decline that takes prices into the pan base, prices level out and eventually soar out the right side.

 
Example
 
graphic
 
Statistics
Percent of successful formations – 92%
Average time to throwback completion – 2 hours
 
Trading tactics
Compute the height of the handle phase and add it to the breakout price. The result is the minimum price to which the stock will rise.