FX.co ★ EURCHF M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of EURCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.9314 with the upper limit 0.9314/0.9302, the projection of the width is 17 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.9297, the price is most likely to continue the upward movement.