Trend is everything, keep simple mind, don't dig to much in technical analysis
is my experience. Round bottom is a sign for a long term trend reversal. Once it reversed to bull
, your action
is only to believe it. Round bottom is different from cup and handle
, no retest and no trigger point, therefore, it will make you puzzled except you are brave enough. Round bottom following the rising flag which may take one to two month to complete before next dramatic rise.