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Rounded Top and bottom pattern is literally same as Cup and Handle pattern, so, we watch the video,
   • BULLISH CUP AND HANDLE AND BEARISH INVERTE...  

Introduction:
A rounded top chart pattern, also known as a rounding top or an inverted rounding bottom pattern , is a technical analysis pattern that appears on price charts.

It signals a potential reversal of an uptrend and is characterized by a gradual, rounded curvature at the top of the price chart, resembling an upside-down saucer or bowl. This rounding top pattern bullish or bearish suggests a shift in sentiment, with selling pressure gradually increasing as the price flattens and rounds off at the top. Traders often look for confirmation of the pattern through a breakdown below support levels, which may indicate the beginning of a downtrend.


How does a Rounding Top Chart pattern look like?
A rounded top pattern, also known as an inverted rounding bottom, has a specific appearance that traders look for to identify potential trend reversals. Here's a detailed description of how a rounding top pattern looks:

Uptrend: The rounding top pattern typically forms after a prolonged uptrend in the price of an asset, indicating that the bulls (buyers) have been in control for some time.


Gradual Curve: Instead of a sharp peak or a straight horizontal line at the top, the price levels off and forms a smooth, rounded curve. This curve resembles the shape of an upside-down saucer or bowl. The gradual curve suggests that buying interest is diminishing, and selling pressure may be increasing.


What is a rounding bottom pattern?
The rounded bottom pattern, also known as a saucer bottom or a U-bottom.

It is a technical analysis pattern used in financial markets especially in penny stocks because their prices are highly volatile, making it easy for traders to spot these patterns more easily and also to identify potential reversal points in a downtrend.

This pattern is typically observed on price charts and is characterized by a gradual and rounded curvature at the bottom of a price decline, resembling the shape of a bowl or saucer.

The pattern signals that the existing downtrend is about to finish and the possibility of an uptrend to commence.

This creates an opportunity to go long.








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