1. Established Bullish trend
2. 2 or more ( 3 ) confirmed reaction highs to form resistance of pattern
3. 2 or more reaction lows ( 3 ) to form lower ascending trend line
4. Contraction of Volume during the formation of pattern, would expect to see expansion of volume during breakout to confirm
2. 2 or more ( 3 ) confirmed reaction highs to form resistance of pattern
3. 2 or more reaction lows ( 3 ) to form lower ascending trend line
4. Contraction of Volume during the formation of pattern, would expect to see expansion of volume during breakout to confirm