i had a look at 2008-9 crude oil bottom, it took approximately 3 months of consolidation before it recovers NOW, price is embedded inside an inverted pyramid. But i see a F flag! is it bullish or will the price developed into a bear flag like the purple rectangle? So far, this consolidation lasted for about 1.5 months. There is no clear signal for me yet although MACD & RSI are curving up. Are you already bottom picking?