Analyzing Chart Patterns: Triple Top and Bottom Reversal Patterns

✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.com/ccount/click.php?id=95 ✅ Check our website: http://www.financial-spread-betting.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! Triple Top and Bottom Reversal Patterns http://www.financial-spread-betting.com/course/triple-top-bottom-reversal-pattern.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! The Triple Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts and candlestick charts. Stock Market Trading Triple Bottom Trading Chart Pattern. There are a couple of ways to trade it - the textbook way is to sell a breakdown as we we go thru the prior support level of the trough. For me there is another way... This pattern looks very similar to the head and shoulders. What distinguishes the triple top or bottom is that the original trend shows signs of weakening, with reducing volume on each successive peak. This tells you that the market has not settled at the current range. You should see signs of stronger volume each time the price retraces, as well as at the end of the pattern when it breaks through the support level, or neck level. To confirm the pattern you need to see that break through the neck level, with prices closing on the other side. The price should not then go back above the neckline, otherwise the reversal may be failing, but it may return to the line as a resistance level before continuing the reversal.