FX.co ★ USDCHF M15: Triple Bottom

The Triple Bottom pattern has formed on the chart of USDCHF M15. Features of the pattern: The lower line of the pattern has coordinates 0.7824 with the upper limit 0.7824/0.7823, the projection of the width is 7 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 0.7817, the price is most likely to continue the upward movement.