"Triple Bottom" brings a profit!
"Triple Bottom" is a well-known reversal figure. We circled it in green in the picture below: the candlesticks "bounce" off the support level three times, and then they break through the resistance level.
If you see the "Triple Bottom," there is a high probability that a trade UP will bring you profit. The main thing is not to miss the moment!
How to find the "Triple Bottom"?
1. There is a downtrend on the chart for a long time.
2. Three peaks and minimums are formed and they are on the same level.
3. The price reaches the resistance line for the fourth time and breaks through it upwards.
2. Three peaks and minimums are formed and they are on the same level.
3. The price reaches the resistance line for the fourth time and breaks through it upwards.
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