FX.co ★ NZDJPY M15: Triple Bottom

The Triple Bottom pattern has formed on the chart of NZDJPY M15. Features of the pattern: The lower line of the pattern has coordinates 94.39 with the upper limit 94.39/94.34, the projection of the width is 27 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 94.12, the price is most likely to continue the upward movement.