Blackshades Blackhat Stock Trading Triple Bottom | Trading Lingo

Triple Bottom | Trading Lingo

Triple Bottom | Trading Lingo

stonks
Member
93
05-16-2025, 11:38 PM
#1
What Is a Triple Bottom?
A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level.
Key Takeaways
  • A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears).
  • A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance.
  • The formation of triple bottom is seen as an opportunity to enter a bullish position.

Understanding a Triple Bottom
The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.

There are a few rules that are commonly used to qualify triple bottoms:
  1. There should be an existing downtrend in place before the pattern occurs.
  2. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
  3. The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance.

How to Trade a Triple Bottom
The price target for a double bottom reversal is typically the distance between the lows and the breakout point added to the breakout point. For example, if the low is $10.00 and the breakout is at $12.00, the price target would be (12 - 10 = 2 12 = 14) $14.00. Stop-loss points are usually placed just below the breakout point and/or below the triple bottom lows.

The triple bottom is similar to the double bottom chart pattern and may also look like ascending or descending triangles. Traders always look for confirmation of a triple bottom using other technical indicators or chart patterns. For example, traders might note that the stock has an oversold relative strength index (RSI) before a double bottom forms and/or look for a breakout to confirm that it's a triple bottom rather than a descending triangle or other bearish pattern.
An Example of a Triple Bottom
The following chart shows an example of a triple bottom chart pattern.

[Image: 104813.jpg] 

In this example, Momenta Pharmaceuticals' stock formed a triple bottom and broke out from trend line resistance. The difference between the third bottom and the breakout point was about $1.75, which translated to a take-profit point of around $15.50 on the upside. The stop-loss point could have been placed at around $13.50 to limit downside risk as well.

The Difference Between a Triple Bottom and a Triple Top
The triple top is the opposite pattern of a triple bottom. Instead of a bullish reversal, a triple top is a bearish reversal pattern where price action bumps off resistance three times, posting three roughly equal highs before plummeting down through resistance.

That said, these are essentially mirror patterns of the same market phenomenon—a prolonged battle for control between the bears and bulls where one side emerges victorious. If no winner emerges, a triple bottom or top will simply become a longer term range.

Limitations of a Triple Bottom
There is always some uncertainty when trading charting patterns as you are working with probability. As with most patterns, the triple bottom is easiest to recognize once the trading opportunity has passed. Double bottoms may fail and become a triple bottom, and the triple bottom and the head and shoulders pattern can, by definition, be one and the same.

However, the most often cited limitation of a triple bottom is simply that it is not a great risk and reward tradeoff because of the placement of the target and stop loss. To ramp up the profit potential, traders may choose to put their stop loss inside the pattern and trail it up as the breakout occurs. The issue with this is the likelihood of being stopped out in the range for a small loss is higher.

Is a Triple Bottom Bullish or Bearish?
A triple bottom pattern is a bullish chart reversal pattern that suggests a breakout to the upside.

What Happens After a Triple Bottom?
After the third relatively equal low is spotted, traders can anticipate the trend will move to the upside, break resistence levels, and reach higher prices.

Is a Triple Top Pattern a Good Sign?
The opposite of a triple bottom pattern, a triple top pattern is a bearish chart pattern that suggests a move to the downside.
stonks
05-16-2025, 11:38 PM #1

What Is a Triple Bottom?
A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level.
Key Takeaways

  • A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears).
  • A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance.
  • The formation of triple bottom is seen as an opportunity to enter a bullish position.

Understanding a Triple Bottom
The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.

There are a few rules that are commonly used to qualify triple bottoms:
  1. There should be an existing downtrend in place before the pattern occurs.
  2. The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
  3. The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance.

How to Trade a Triple Bottom
The price target for a double bottom reversal is typically the distance between the lows and the breakout point added to the breakout point. For example, if the low is $10.00 and the breakout is at $12.00, the price target would be (12 - 10 = 2 12 = 14) $14.00. Stop-loss points are usually placed just below the breakout point and/or below the triple bottom lows.

The triple bottom is similar to the double bottom chart pattern and may also look like ascending or descending triangles. Traders always look for confirmation of a triple bottom using other technical indicators or chart patterns. For example, traders might note that the stock has an oversold relative strength index (RSI) before a double bottom forms and/or look for a breakout to confirm that it's a triple bottom rather than a descending triangle or other bearish pattern.
An Example of a Triple Bottom
The following chart shows an example of a triple bottom chart pattern.

[Image: 104813.jpg] 

In this example, Momenta Pharmaceuticals' stock formed a triple bottom and broke out from trend line resistance. The difference between the third bottom and the breakout point was about $1.75, which translated to a take-profit point of around $15.50 on the upside. The stop-loss point could have been placed at around $13.50 to limit downside risk as well.

The Difference Between a Triple Bottom and a Triple Top
The triple top is the opposite pattern of a triple bottom. Instead of a bullish reversal, a triple top is a bearish reversal pattern where price action bumps off resistance three times, posting three roughly equal highs before plummeting down through resistance.

That said, these are essentially mirror patterns of the same market phenomenon—a prolonged battle for control between the bears and bulls where one side emerges victorious. If no winner emerges, a triple bottom or top will simply become a longer term range.

Limitations of a Triple Bottom
There is always some uncertainty when trading charting patterns as you are working with probability. As with most patterns, the triple bottom is easiest to recognize once the trading opportunity has passed. Double bottoms may fail and become a triple bottom, and the triple bottom and the head and shoulders pattern can, by definition, be one and the same.

However, the most often cited limitation of a triple bottom is simply that it is not a great risk and reward tradeoff because of the placement of the target and stop loss. To ramp up the profit potential, traders may choose to put their stop loss inside the pattern and trail it up as the breakout occurs. The issue with this is the likelihood of being stopped out in the range for a small loss is higher.

Is a Triple Bottom Bullish or Bearish?
A triple bottom pattern is a bullish chart reversal pattern that suggests a breakout to the upside.

What Happens After a Triple Bottom?
After the third relatively equal low is spotted, traders can anticipate the trend will move to the upside, break resistence levels, and reach higher prices.

Is a Triple Top Pattern a Good Sign?
The opposite of a triple bottom pattern, a triple top pattern is a bearish chart pattern that suggests a move to the downside.

Williambow
BraydenbowPI
7
3 hours ago
#2
А если ревность — это лишь чувство собственности?

[Image: tinkoffkura.png]

Привет, форумчане! ?? В этом посте хочу рассказать вам о набором надежных сервисов быстрых онлайн займов и банков с выгодными картами и бонусами.

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Кешбэк до 50% мультибонусами

Банковские кредитки и платежные карты нового поколения
Хотите максимум выгоды от покупок?
Сейчас на рынке есть карты с кешбэком до 50% мультибонусами от партнеров банка.
Причем в некоторых случаях — это кешбэк до 50% мультибонусами, а не просто мизерный процент.
Хотите ещё лучше?
Есть предложения с живыми деньгами на счет, а не фантиками.
Кешбэк до 50% мультибонусами

Также предлагаются карты рассрочки с без ежемесячной платы и дополнительными привилегиями.

Бесплатные переводы и платежи
Современные банки предлагают без комиссии снимать деньги в банкоматах банка, а также нулевые комиссии на снятие в любых условиях.
Плюс — переводы по номеру телефона в страны ближнего зарубежья:
Казахстан
в Армению
в Кыргызстан
Таджикистан
в Узбекистан
в Абхазию
А для тех, кто работает с валютой — бесплатное обслуживание валютных счетов.
Кешбэк до 50%

Подытожим, если вы ищете финансовые продукты с максимальной выгодой — обратите внимание прямо сейчас пересмотреть свои банковские решения: от карт до займов.
Сравнивайте предложения, не спешите — и выбирайте, что ближе вам!

Есть опыт использования? Напишите ниже — будет полезно всем!

[Image: knopka_smotret__krasnaya.png]

[url=https://hmcj-1.com/forum.php?mod=viewthread&tid=3423&pid=12850&page=20&extra=page%3D1#pid12850]переводы по номеру телефона в Узбекистан
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@Grupp_news777.xyss
Williambow
3 hours ago #2

А если ревность — это лишь чувство собственности?

[Image: tinkoffkura.png]

Привет, форумчане! ?? В этом посте хочу рассказать вам о набором надежных сервисов быстрых онлайн займов и банков с выгодными картами и бонусами.

Супер быстрые займы онлайн — без лишних документов и задержек!
Если ищете моментальный займ, советую изучить платформы, где решение принимается моментально. Это реально быстрые займы с понятными ставками и гибкими условиями возврата.
Кешбэк до 50% мультибонусами

Банковские кредитки и платежные карты нового поколения
Хотите максимум выгоды от покупок?
Сейчас на рынке есть карты с кешбэком до 50% мультибонусами от партнеров банка.
Причем в некоторых случаях — это кешбэк до 50% мультибонусами, а не просто мизерный процент.
Хотите ещё лучше?
Есть предложения с живыми деньгами на счет, а не фантиками.
Кешбэк до 50% мультибонусами

Также предлагаются карты рассрочки с без ежемесячной платы и дополнительными привилегиями.

Бесплатные переводы и платежи
Современные банки предлагают без комиссии снимать деньги в банкоматах банка, а также нулевые комиссии на снятие в любых условиях.
Плюс — переводы по номеру телефона в страны ближнего зарубежья:
Казахстан
в Армению
в Кыргызстан
Таджикистан
в Узбекистан
в Абхазию
А для тех, кто работает с валютой — бесплатное обслуживание валютных счетов.
Кешбэк до 50%

Подытожим, если вы ищете финансовые продукты с максимальной выгодой — обратите внимание прямо сейчас пересмотреть свои банковские решения: от карт до займов.
Сравнивайте предложения, не спешите — и выбирайте, что ближе вам!

Есть опыт использования? Напишите ниже — будет полезно всем!

[Image: knopka_smotret__krasnaya.png]

[url=https://hmcj-1.com/forum.php?mod=viewthread&tid=3423&pid=12850&page=20&extra=page%3D1#pid12850]переводы по номеру телефона в Узбекистан
переводы по номеру телефона в Армению переводы по номеру телефона в Армению быстрые займы онлайн переводы по номеру телефона в Армению 55bc266
@Grupp_news777.xyss

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