Actual patterns

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Actual patterns

Triple Bottom

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was formed on 03.11 at 06:00:59 (UTC+0)
signal strength 3 of 5

The Triple Bottom pattern has formed on the chart of NZDUSD M30. Features of the pattern: The lower line of the pattern has coordinates 0.5727 with the upper limit 0.5727/0.5722, the projection of the width is 18 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.5709, the price is most likely to continue the upward movement.

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Triple Bottom