Back to the encyclopediaSchematic illustration: idealized shape.
Reversal patternsBullishReliability: medium
Triple Bottom
Also known as: Triple Low
Three lows of similar depth at the same support. A break of the shared resistance above them turns the trend upward.
How it forms
Price bounces three times off the same floor zone. The highs between them form the resistance: the upside trigger line.
How it is typically traded
Entry
On a break of the shared resistance upward.
Target
The height of the formation (lows to resistance), projected upward.
Stop-loss
Below the third low.
Where & when, plus the limits
Shows a basing process with repeated buyer interest. Only the break above resistance makes it a buy signal: before that it is a range.
Related patterns
Education, not investment advice. Chart patterns describe probabilities, not guarantees. They fail regularly. Always manage risk with stop-loss and position size.
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