FX.co ★ NZDCHF M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of NZDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.6006 with the upper limit 0.6006/0.6002, the projection of the width is 10 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 0.5996, the price is most likely to continue the upward movement.