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Horn Bottom

bullish

Definition

Two downward spikes separated by a calmer week — a horn-shaped base.

Psychology

Flush, rest, flush — then buyers take over.

Real-life analogy

💡 Two roots anchoring a tree between storms.

Expected direction

up

Entry / Stop / Target

Entry: On the break above the saddle (middle) high. · Stop: Below the lower horn. · Target: Horn depth projected above the saddle.

Historical behaviour

Weekly-chart sibling of the pipe bottom.

Illustrative success rate

~65% follow-through · Medium reliability

Common beginner mistakes

  • Anticipating before the saddle breaks

Quick quiz — did you understand?

1. Is the Horn Bottom generally considered bullish, bearish, or neutral?

2. After a confirmed Horn Bottom, the expected direction is usually:

3. Which is a common beginner mistake with the Horn Bottom?

Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.