FX.co ★ NZDJPY M30: Triple Bottom

The Triple Bottom pattern has formed on the chart of NZDJPY M30. Features of the pattern: The lower line of the pattern has coordinates 85.11 with the upper limit 85.11/85.04, the projection of the width is 45 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 84.66, the price is most likely to continue the upward movement.