Bottoming Signal

Identify local bottoms with high probability

**Newly Released**

We have been working on these blue B bottoms for several years, as many of you have known. It has by far been one of our most popular requests, that we add the "B's" in the Alpha Bundle. We have now done so :)

How to get the blue "B" bottom signals?

We are rewarding our long term members with the "B"s for their loyalty & for watching up keeping the "B"s in beta test for the last two years. (There are alternative ways to get the "B"s.)

1) We are offering the blue bottom B signals free with all annual Alpha Bundle subscription renewals after October 17th 2023. This is our way to reward those members that continue to stay with us year after year. (Each year we aim for a way to add more value)

2) For those that do not want to wait until their next renewal: We are accepting pre-pays on all annual renewals for those not wanting to wait for their next renewal in order to get the Blue Bottom signals. Simply email Jess our office manager at [e-mail] to assist you with your pre-pay & activation of the "B"s

Potential Local Bottom Signal

Potential Local Bottoms are signaled by blue bars with a blue "T" labeled above it. These show high probability for a local bottom, after an extended move to the downside. Many times these temporary local bottoms can and do turn into larger macro bottoms. So they are very important to note and be aware of. Many bottoms clustered together can mean consolidation. The consolidation can often be the bottom range being put in.

Signal	Bullish or Bearish	Definition
Blue "B" Bars	Bullish	Potential Local Bottom

What is Confirmation?

Confirmations are what we use to validate our setups. When setups are confirmed and validated they have a higher probability of working out in your favor because of the confluence in signals. There are a few types of confirmations we use with our Trading Alpha setups.

1) Using our indicators in our Confirmation Suite

Our Alpha Thrust, & Alpha RSI, and Alpha Volume can be used to help confirm Bottom signals, & are all included in our Confirmation Suite within the Alpha Bundle. We go over examples of these indicator confirmations in our Confirmation Suite category of this Alpha Docs Guide. We will also have examples below.

Note that our Confirmation Suite is included in our Alpha Bundles. The Confirmation Suite includes, Alpha Thrust, Alpha RSI, & our Support/Resistance indicator.

2) Using one or two bar confirmations with price action

Our definition here of Confirmation when using price action is when one of the following two bars AFTER the Blue Bottom bar CLOSES ABOVE THE BOTTOM BARS LOWER WICK, in the upside direction. If you have a Bottom bar print, then the confirmation would need one of the following two bars to close ABOVE the top wick of the blue bottom bar. A bars size can also be taken into consideration of confirmation/sign of strength. Below is a table explanation of confirmations followed by chart examples of successful confirmed bullish and bearish Reversal bars.When the Blue B's print they will need the same confirmations as the rest of our setups in the Alpha Trend. Even then they should be watched closely with diligent stops. This is up to the trader to use their own judgment on reading signs of strength from any Alpha Volume signals, Thrust signals, or two bar confirmations (As seen with the reversals and tops)

3) Using the "B"s to identify basing patterns, later confirmed by green Dots!

Another way to increase the probabilities of your setup is to use the bottom signals to either identify a basing pattern or bottom pattern. These can both be confirmed with a large candle with a green Dots.

Bottom Signals

Below is an example of how a blue "B"s can signal that the bottom is in. Followed by green Dots to then let you know the reversal has happened and a new trend is being born. This ends of changing the entire structure from Bearish to Bullish. Note that the next bar after the bottom bar does indeed close ABOVE THE WICK of the blue Bottom signal bar, giving us the actionable confirmation we needed.

Notice below how the first blue "B" bottom had two following bars that did NOT close above its wick, and thus it was unconfirmed. However the following two blue "B" bottoms did have one or the following 2 bars close above its wick. These "B"s did confirm and gave us a lot of heads up on this double bottom. The following green Dot let us know the trend had started to then change to bullish. It was a stage 2 uptrend after that.

Will be updated with more guidance, and setups from John and Shardi

Time Frames

We have noticed that the bottoms right now work really well on medium and high time frames. This means blue "B" bottoms are ideal, a great addition to those looking to analyze the medium term charts (Swing traders), or for those looking to analyze the long term charts (Investors). As we move ahead we will start refining these for next low time frame trading (scalping).