The roundtrip is called a bullish "throwback pattern" by technical analysts.

Correction Targets $1.90 Support Zone for Potential Reversal. Breakout Above $2.28 Signals Renewed Bullish Momentum. Volume ...

The shooting star candlestick pattern is a powerful tool in technical analysis, commonly used by traders to identify ...

The corrective structure appears as a W-X-Y complex pattern, with the price ... This indicates a potential downside before a bullish recovery. Fibonacci retracement levels (0.382, 0.5, and 0. ...

Stellar bull pennant pattern hints ... could invalidate the bullish setup, exposing the price to further losses. Stellar is now encountering resistance near key Fibonacci retracement levels ...

However, if a reversal pattern forms within the retracement, it strongly indicates that the original bullish trend is likely to resume. To identify such opportunities systematically, I have ...