FX.co ★ USDCHF M30: Triple Bottom
Signal strength 3 of 5
USDCHF M30: Triple Bottom
The Triple Bottom pattern has formed on the chart of USDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.8929 with the upper limit 0.8929/0.8928, the projection of the width is 15 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 0.8914, the price is most likely to continue the upward movement.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade