Bump-and-Run Reversal, Bottom

3 min read

Core idea

A bump-and-run reversal bottom (BARR bottom) is the inverted version of Bulkowski's original BARR top. Visually it resembles a frying pan with the handle on the left: price declines along a down-sloping trendline (the lead-in or "handle"), accelerates downward into the bump (the bowl), then rounds upward and breaks out above the original trendline. The pattern is a study in exhausting downside momentum — initial selling pressure runs out, smart-money buyers accumulate at the lows, and the rounded recovery pulls price back to and through the lead-in trendline.

Three-phase anatomy

  1. Lead-in phase — price oscillates in a narrow range, sloping down at 30°-45°. A trendline drawn along the highs sets the eventual breakout level. Lead-in height (vertical distance from trendline to lowest low) is measured in the first quarter of the pattern.
  2. Bump phase — price plunges, often steeper than the lead-in trendline. The bump height must be at least twice the lead-in height for the pattern to qualify.
  3. Uphill run — rounded recovery rises and pierces the lead-in trendline upward. Volume picks up on the breakout.

Performance

This pattern ranks first or second for performance in both bull and bear markets. Average rises: ~55% in bull markets, ~35% in bear markets. Breakeven failure rates: only ~9-10%. Patterns with dual bumps (price approaches the trendline, retreats, forms a second bump, then breaks out) actually outperform single-bump versions.

Why it matters

The combination of low failure rate (~10%) and high average gain (35-55%) makes this one of the most attractive setups in the Bulkowski catalog. The pattern also gives a mechanical entry rule — close above the down-sloping trendline — and a mechanical stop level — the lowest low of the bump. Few patterns offer this level of operational clarity with this level of expected return.

Key takeaways

Mental model

Mental model

Practical application

A mechanical trading plan

  1. Draw the lead-in trendline. Connect the highs (not lows) of the early oscillations. The line should slope down at roughly 30°-45°.

  2. Verify the bump. Once price plunges, measure the bump height as the vertical distance from the trendline to the lowest low. If it's not at least twice your lead-in height, abandon the pattern — it's not a BARR bottom.

  3. Wait for the breakout close. Enter long when price closes above the down-sloping lead-in trendline. Don't anticipate.

  4. Use the bowl bottom as your stop. A close below the bump's lowest low invalidates the pattern. Set your stop just below that level.

  5. Plan for throwbacks. Many BARR bottoms throw back to the trendline before continuing up. A throwback isn't a failure — just hold (or even add).

  6. Target the prior high or measure-rule projection. The pattern's strong historical performance justifies a generous profit target.

Cup-and-handle vs. BARR bottom

Example

A retail stock that traded between $40 and $48 for six months begins to slip. Highs print at $46, $44, $42 — connect them and you get a trendline sloping down at ~35°. In the first quarter of the pattern, the deepest low is $38; trendline value above it is $43, so lead-in height = $5.

Two months later the stock plunges to $30 on heavy volume, posts a bottom there, and starts rounding upward. Bump height: trendline at the bump-low date sits around $40; low is $30, giving a bump height of $10 — exactly 2× the lead-in height. The pattern qualifies.

Three weeks later, price closes at $42 — back above the down-sloping trendline. A trader enters long with a stop at $29.50 (just below the bowl). Over the next eight months the stock rises to $58, a 38% gain consistent with the bear-market historical average. Had this been a bull market, the historical expectation would have been closer to +55%.

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