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Triple bottom

bullish · reversal pattern

A triple-bottom is the bullish symmetric of triple-top: three troughs at approximately the same level with volume declining on each test, confirmed by a close above the connecting high.

Formation rules

  • Three troughs at the same level
  • Declining volume on each retest
  • Confirmation: close above connecting high

How to trade it

Buy confirmed breakout. Stop below the third trough. Measured target = peak-to-trough height projected above breakout.

Common pitfalls

  • Patterns that take longer than 6 months can morph into rounding bottoms — both bullish but with different entries

Statistical context

Reliability comparable to double-bottoms when volume profile confirms.

Related patterns

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Triple bottom chart pattern — formation rules, statistics and worked example | Drogo