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Trading the Triple Bottom - Stock Chart Pattern

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Triple Bottom Reversal Pattern: -Important: This pattern should be treated as a neutral pattern until it reaches the third bottom point. Before that moment it could form as other patterns such as a double top, a declining wedge, etc. -If it breaks past the resistance line that is when the trade should be entered. -If it doesn't break out, it will continue in a sideways motion. -Typical time-frame: 3-6 months. -The volume should spike when it's breaking the resistance line. At that point the resistance line becomes the support. ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! STOCK TRADING COURSES: -- http://tradersfly.com/courses/ STOCK TRADING BOOKS: -- http://tradersfly.com/books/ WEBSITES: -- http://rise2learn.com -- http://criticalcharts.com -- http://investinghelpdesk.com -- http://tradersfly.com -- http://backstageincome.com -- http://sashaevdakov.com SOCIAL MEDIA: -- http://twitter.com/criticalcharts/ -- http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: -- TradersFly: http://bit.ly/tradersfly -- BackstageIncome: http://bit.ly/backstageincome
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Text Comments (15)
eddd653 (5 months ago)
Let's hope this is the case for btc right now 😎😎
Greg Kowal (5 months ago)
About to hit triple bottom on BTC... Strap on...
Quick Action Figure (5 months ago)
I also here to tell same. Once it's started, there will no moon. There will be Andromeda!
UltraInstinct (5 months ago)
Greg Kowal I noticed. Bitcoin and Litecoin to the moon!
Robbie B (10 months ago)
Please put this in context. Is this about buying or options? If buying, day trading or longer term?
Robbie B (10 months ago)
Sasha Evdakov thanks. You do a great job of educating new investors. Thanks
mpc3po (11 months ago)
are you essentially saying you would avoid playing in between this triple pattern? obviously it would depend on what you're trading, but you could potentially (if monitored closely) buy down at the supports and sell at the resistance level?
mpc3po (11 months ago)
Sure..thank you. Big help and great teacher
Alexander Senna (2 years ago)
Thanks for the video. I have a question though. A triple Bottom is a Reversal right? and so it Double Bottom and Double Top. so does if it didn't form a full Tripple bottom and instead it formed a Double Top on a downtrending pattern, would that now be considered a contiuation it will continue going lower ofter the Double top? i hope that made sense
Lance Alvarez (3 years ago)
Does the support always have to be a horizontal like ( ___ ) or can it be a diagonal line ( / ) as well?
Ash Osh (3 years ago)
hi i have a very stupid question if you don't mind  what do i benefit from these triple points, and how do i use them to predict    am new to this so sorry  thanks in advance 
Roman Sterlin (4 years ago)
You deserve way more views! amazing channel man keep it up thanks, and are you going to upload trading videos?
vivek khanvilkar (4 years ago)
does this apply to intraday trading?????????
vivek khanvilkar (4 years ago)
Thanks a lot..... And your videos are superb!!!!!
Venkiteswaran Kk (4 years ago)
simple and very knowledgable

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