FX.co ★ NZDCHF H1: Triple Bottom

The Triple Bottom pattern has formed on the chart of NZDCHF H1. Features of the pattern: The lower line of the pattern has coordinates 0.4565 with the upper limit 0.4565/0.4557, the projection of the width is 17 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 0.4548, the price is most likely to continue the upward movement.