Ladder Bottom โ Bullish Reversal Setup ๐
๐ The Ladder Bottom is a 5-candle bullish reversal pattern seen after a prolonged downtrend.
โ
Formation:
1๏ธโฃโ3๏ธโฃ Three consecutive red candles with lower closes.
4๏ธโฃ Small red candle showing reduced selling.
5๏ธโฃ Strong green candle closing above the prior 2 candles.
โ
Meaning: Bears losing steam โ bulls take charge โ reversal likely.
๐ Example: Stock falls โน440 โ โน400 over 3 reds, small red closes โน398, then strong green closes โน415 โ Ladder Bottom โ bullish reversal.
๐ง Tip: Works best near support zones.
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