A shift from a downtrend to an uptrend occurs when the lowest bar is located in the middle of the pattern and two bars with successively higher lows are positioned around it.
Xpert Comments
This bars are awaited for the traders especially in intraday charts to give an early confirmation of confirm up trend.
Xpert Advise
This formation is to be awaited for very short term traders who would like to get good up moves within a week.