Triple Bottom
Three troughs at the same price after a decline; completes on a close above the highest peak between them.
The mirror image of the triple top: three tests of a support level, confirmed by a close above the neckline.
Rectangles take priority when both fit.
How we define it
- Three zigzag troughs within about 0.4 ATR of each other; peaks between them within 30% of the depth
- At least 4 ATR and 5% (4H) / 8% (1D, 1W) deep; similar leg widths
- Prior trend down; no close below the troughs or above the neckline before the breakout
- Minimum length: 2 months on 1D, 3 months on 1W, 10 days on 4H
- Breakout (up) / breakdown (down): the first candle close beyond the boundary by at least 3% on 1D and 1W (1.5% on 4H)
- Failed breaks: a breakout or breakdown that closes back inside the boundary within 6 candles on 4H, 5 on 1D or 3 on 1W is removed from the list
- Trend filter: breakouts only above the 200-period EMA (40-week EMA on 1W), breakdowns only below it
- Watchlist: the pattern is complete but unbroken and price is within 3% (or 1 ATR, at most 6%) of the boundary
No recent breakout or breakdown
No triple bottom has completed recently. See all patterns.
Nothing on the watchlist
No mature triple bottom is close to its breakout or breakdown level right now.