Triple Bottom

Group: Reversal
Description: Three bottoms at the same level, showing accumulation and potential upward reversal.

Key Characteristics:

  • Three lows at the same level
  • Resistance formed by two peaks

Trading Logic: Buy on breakout above resistance. Stop-loss below the last bottom. Target equals the height of the pattern.

Example: Common on stock markets before strong rebounds.

Conclusion: A powerful bullish reversal signal.