Triple Bottom Pattern

Learn to recognize and trade a triple bottom pattern through interactive charts.

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What is a triple bottom pattern?

A Triple Bottom pattern is a bullish reversal pattern, which points to an uptrend ahead. As it forms, this pattern may initially look like a double bottom or a rectangle.

Interactive charts:

Download our free chart patterns PDF for a guide to 20 classical chart patterns with over 100 interactive charts, also on TradingView.com.

Triple bottom duration

A triple bottom usually forms over 3 to 6 months, a length of time that is typical of major reversals.

Triple bottom characteristics

A triple bottom is characterized by 3 lows, followed by a break above resistance.

  1. A triple bottom happens after a downtrend.
  2. A triple bottom is characterized by 3 lows, which act as support. These lows should stand approximately on the same level and be clearly spaced out.
  3. Price should also find resistance, temporarily, at the neckline which connects the peaks’ highs.

Trading volumes

Trading volumes usually decline as the pattern develops, although you may see spikes around the lows. Regardless, it's most important that volumes rise in the final advance. The greater the volume, the more confidence you can have in the pattern’s validity.

Triple bottom trading tips

The pattern completes once the price breaks convincingly above the neckline. It's important that this happens on rising volume, at least 40% greater than average. Some traders wait for a successful re-test of the neckline before opening a long position. This means waiting for confirmation that the neckline now acts as support over several trading sessions.


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