Triple Bottom Pattern
Three successful defences of the same low — a base with more proof behind it than a double bottom.
Three troughs at roughly the same price with two peaks between them. A line through the peaks is the neckline.
Why it forms
A floor that has absorbed three waves of selling. By the third test the sellers are largely done, and the breakout faces little overhead supply until the neckline.
🎯 Trigger
📏 Target
🛑 Invalidation
Is a triple bottom a good buy signal?
How is a triple bottom different from a rectangle?
What volume should a triple bottom breakout have?
How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.