Chart pattern · Reversal · Bullish
What is it, in one line
Three troughs at roughly the same level, a slower variant of the double bottom.
Bullish · Reversal · verdict: Traditional claim, not yet measured here
Three troughs at roughly the same level, a slower variant of the double bottom.
Method
Conventional target: A break above the shared resistance projects a rise equal to the pattern height.
Invalidated by: A close back below the troughs invalidates the pattern.
Traditional claim, not measured
This is the standard technical-analysis interpretation. It has not been tested against our dataset the way the candlestick formations have.