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#tripplebottom

tripplebottom

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Joya Carlough zFWA
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Bullish
#The triple bottom pattern is the opposite of the triple top pattern and is a bullish reversal pattern. It forms when the price of an asset creates three troughs at approximately the same price level, followed by a rise in price. Traders interpret this pattern as a signal that the downward trend is losing strength and that a potential trend reversal to the upside may occur. #tripplebottom #bullishreversal #chartpatterns
#The triple bottom pattern is the opposite of the triple top pattern and is a bullish reversal pattern. It forms when the price of an asset creates three troughs at approximately the same price level, followed by a rise in price. Traders interpret this pattern as a signal that the downward trend is losing strength and that a potential trend reversal to the upside may occur.
#tripplebottom #bullishreversal #chartpatterns
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