L-EarningCharts

Triple Bottom Chart Pattern — How to Spot and Trade It

7/6/2026

chart-patterns
technical
bullish

Three troughs at a similar level — repeated defense of support.

In plain words

Three bounces off the same floor — buyers keep showing up.

What the classic books say

The Triple Bottom is a reversal pattern with reference reliability High and illustrative behaviour of ~65-70% after resistance break (the kind of statistics catalogued in Bulkowski's encyclopedic pattern studies and Murphy's technical-analysis classic). Reliable but less common than double bottoms.

Level by level

Beginner

Three successful defenses of the same low — buyers clearly in charge there.

Intermediate

Repeated support holds confirm demand; a resistance break completes the bottom.

Advanced

Stronger than a double bottom; confirmed on the resistance break with volume.

Trade plan (educational template)

  • Entry: On a close above the pattern's resistance.
  • Stop-loss: Below the troughs.
  • Target: Pattern height projected up.
  • Check the numbers with the Risk-Reward calculator before any entry.

Common beginner mistakes

  • Buying before the breakout

Practise it now

_Educational content only — not financial advice. Historical behaviour never guarantees future results._