• Laddar Bottom

  • Type: Reversal
  • Relevance: Bullish
  • Prior Trend: Bearish
  • Reliability: Medium
  • # of Sticks: 5

Definition:

After four down candles there is a long up candle that potentially signals a reversal.  We would like to see descending volume on the first four candles and then large upside volume on the fifth for confirmation.