Three tests of the same low that all hold. A break above the resistance formed by the intervening rallies confirms buyers have taken over.
How to identify it
- Three lows at roughly the same level
- Two reaction highs forming resistance
- Selling pressure weakens on each test
Entry
Buy a close above the resistance line.
Stop loss
Below the triple-bottom support.
Target
Pattern height projected above resistance.
Invalidation
A strong close below the three lows.
Does it work for you?
Textbook reliability means little until you know your own numbers. Tag your triple bottom trades in TradeZento and it shows your win rate, average win and loss, and P&L per trade for this pattern, so you know whether to keep it in your playbook.