FX.co ★ NZDCAD M30: Triple Bottom

The Triple Bottom pattern has formed on the chart of NZDCAD M30. Features of the pattern: The lower line of the pattern has coordinates 0.8251 with the upper limit 0.8251/0.8250, the projection of the width is 12 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 0.8239, the price is most likely to continue the upward movement.