The Frypan Bottom is a bullish reversal candlestick pattern identified at the end of the downtrend.

It is the equivalent of the Western bullish pattern known as rounding bottom. As the volatility at the end of the downtrend tightens, the size of the real bodies becomes smaller.

The size of the bodies is not essential. The first part of the Frypan Bottom consists of small bodies depicting lower lows, then the second part consists of equal lows, and finally, the third part consists of higher lows. A breakout displaying a gap up or in the candlestick jargon, a rising window is the trigger for the beginning of a new trend to the upside.