Reversal pattern · bullish bias
Triple Bottom pattern
A triple bottom forms when price tests the same low three times and holds each time. It confirms when price breaks above the highs between the troughs.
How to identify a triple bottom
- A prior downtrend into the first low.
- Three lows at a similar level with bounces in between.
- The bounce highs form a resistance line.
What confirms it
A close above the resistance line formed by the bounce highs.
What invalidates it
A sustained close below the three lows.
How traders project a target
Add the height between the lows and the resistance line to the breakout point.
Common mistakes
- Buying the third low as though the breakout already happened.
- Reading a reversal into what is simply a sideways range.
- Ignoring the higher-timeframe trend the pattern sits in.
Where it appears
Most meaningful after a sustained decline and on higher timeframes.
Frequently asked questions
Is a triple bottom bullish?
Yes, once confirmed. Before the breakout it only shows support holding.
Do the three lows need to be exactly equal?
No. They should be close enough to read as the same support zone.
Where would the bullish view be wrong?
A close below the three lows shows support has failed and invalidates the pattern.
Related chart patterns
Educational content only, not financial advice. Chart patterns describe probabilities, not certainties, and every pattern can fail. See our disclaimer.