Model of the triple bottom is mirror-like triple top. The rules for it are also mirror-like. Another type of triple is Triple Top
Showing posts with label triple bottom. Show all posts
Showing posts with label triple bottom. Show all posts
Saturday, May 21, 2011
Friday, May 20, 2011
Triple top
Triple Top is a pattern in which a currency has reached a price three times previously, yet has been unable to sustain movements beyond those three peaks. A triple top signifies a strong resistance level.Another type of triple is Triple Bottom
- Point A - first top
- Point B - local minima
- Point C - second top
- Point D - local minima
- Point E - third top
- Point F - signal to sell
Example of a "triple top"
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