FX.co ★ USDCHF M30: Triple Bottom

The Triple Bottom pattern has formed on the chart of USDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.8871 with the upper limit 0.8871/0.8855, the projection of the width is 24 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 0.8847, the price is most likely to continue the upward movement.