I would lean towards a slender hourglass with inverted triangle tendencies. It's a little hard to tell from how you are standing, but it looks like you have a beautiful strong shoulder line that is slightly wider than your hips.
As to your question - yes, yes, I do, and I really dislike that part of my body. (Even when I was thinner, in high school, my body was this way.) I don't like to wear 2 piece swimming suits these days, and a I piece can actually disguise the issue a bit. Back when I did wear bikinis, I tried to buy a bikini bottom that was cut a bit higher on the hip so that it wasn't settling into the "indent" area.
