#TripleBottom 📌 What is a Triple Bottom?

A Triple Bottom is a bullish reversal pattern that forms after a downtrend. It signals that the price has hit a strong support level three times and is ready to reverse upwards.

🛠 How It Works?

1️⃣ Three Touches at Support: Price hits a strong support level three times, failing to break lower.

2️⃣ Breakout Confirmation: When price breaks above the resistance neckline, a bullish move begins.

3️⃣ Target Projection: The expected upside is usually equal to the height of the pattern.

📈 Why It’s Important?

🔹 Strong Reversal Signal – Shows buyers gaining control.

🔹 Reliable Entry Point – Buying after the breakout increases success probability.

🔹 Works on Multiple Timeframes – Can be used in scalping, swing trading, or investing.

🚀 Always wait for volume confirmation before entering a trade!