Mar 16, 2021
Triple Bottom Pattern
The “Triple Bottom” pattern is a reversal pattern that occurs at major market bottoms. The “Triple bottom” pattern is formed when prices fail to make new lows on three different occasions. Most “Triple bottom” pattern lows occur within 2% to 5% of price range. “Triple bottoms” are relatively easy to detect and offer good risk to reward ratio. A confirmation is needed before trades are initiated.…
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