It is a YC bullish reversal pattern comparable to an imaginary right triangle. It is made up of two sides joined at a 90 degree angle and linked by a hypotenuse.

• Horizontal Line (Long side): Connects two or more near-equal market highs (Line 1, Image A).
• Vertical Line (Short side): Extends from the horizontal to the lowest market point below it (Line 2, Image A).
• Hypotenuse: Connects ascending market lows, indicating bounces below the horizontal (Line 3, Image A).

Wait for at least two valid bounces and a clean structure before planning entry.

• A minimum of two, ideally three, ascending bounces from the left must occur below the horizontal line.
• Preferably, the descent from the horizontal to the lows should be slower than the ascent back to the horizontal.

A bullish setup is confirmed after breakout and controlled retest near the key level. Place stop loss below invalidation.

• A buy signal is generated when the price closes above the horizontal line after at least two bounces.
• A stop loss should be set just below the most recent bounce low before the breakout.

Historical cases show meaningful upside when confirmation and risk management are respected.