What is the support bounce pattern?
The support bounce is a bullish breakout pattern. Price returns to a level that has held before and turns away from it again.
How to spot a support bounce
- 1Mark a level where price has turned up before.
- 2Watch price come back down to it.
- 3A bounce is a turn up from the level without a close below it.
How does the support bounce form?
Price returns to a level that has held before and turns away from it again, without closing through.
How do you confirm a support bounce?
A level is only support until it isn't. What decides it is whether buyers show up before the close, not whether the wick dipped through.
When does the support bounce fail?
Each successive test weakens the level. The third or fourth bounce is usually the one that goes through.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the support bounce, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a support bounce. Where did price go next?
Support Bounce: common questions
Is the support bounce bullish or bearish?
The support bounce is bullish. Support holds only while buyers defend it. Watch whether they show up before the close.
How do you spot a support bounce?
Mark a level where price has turned up before. Watch price come back down to it. A bounce is a turn up from the level without a close below it.
What is the difference between the support bounce and the resistance rejection?
The support bounce: Price returns to a level that has held before and turns away from it again. The resistance rejection: Price reaches a level that has capped it before and is turned back from it once more.
How reliable is the support bounce?
No chart pattern works every time. Each successive test weakens the level. The third or fourth bounce is usually the one that goes through. That is why it helps to wait for confirmation and to practice on many real examples before relying on it.
How can I practice spotting the support bounce?
Use the real charts on this page: each one stops where the support bounce completed, so you can make a call and then see what happened. The free Chartle app mixes the support bounce in with 48 other patterns in short daily sessions.
Keep learning
- Chart pattern gameGuess where price goes next on real charts, all 49 patterns mixed.
- All 49 chart patternsEvery bullish and bearish pattern, with a printable cheat sheet.
- How to read candlestick chartsBodies, wicks and colors explained from the start.
- Cheat sheet PDFAll patterns on two printable pages.
