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Mar 24, 2015 10:20 AM

Rounding bottom Long

British Pound/U.S. DollarFXCM

Description

The target(100%) is reach in only 36% of cases

some statistics about the rounding bottom
- In 62% of cases, there is a bullish reversal
- In 86% of cases, the exit is upward
- In 57% of cases, the target advised for this pattern is reached
- In 40% of cases, a pullback occur on the neckline
- In 95% of cases, there is a pursuit of the bullish movement after the breakout of the neckline
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