What is a triple bottom pattern :

What is a triple bottom pattern :

WHAT IS A TRIPLE BOTTOM : Triple bottom ak bullish chart pattern ha or is pattern ko use karta ha technical analysis kar ka or ya pattern characterized karta ha three lows ko or ya jo three lows ho ga ya equal ho ga yani ka ya same lower point par jo ga or ya following karay ga breakout ko jo ka above ma resistance level par ho ga. Triple bottom pattern ak visual pattern ha jo ka shows karay ga ka jo buyers ha ya bulls ko taking kar raha ha control ko or jo price action ha ya forms kar rahi ha sellers ko yani ka bear sa. Ya jo triple bottom pattern ha ya huma generally dakhna ko mil jata ha three roughly equal low ka sath jis par bouncing hoti ha support level sa off par or followed karay ga price action ko or is ma breaching ho ga resistance. Jo is triple bottom pattern ki formation ho ge ya provide karti ha ha bullish position ma entry lana ki. UNDERSTANDING A TRIPLE BOTTOM PATTERN : Triple bottom ak chart pattern ha jo follow karta ha prolonged ko downtrend ma jis point sa bears control karay ga market ko. Is ma jo first bottom ho ga ya could simply ho ga or isa normally price ki movement ho ge, or jo second bottom ho ga ya indicative karay ga bulls ka gaining momentum ka or ya preparing karay ga possible ka reversals hona ka. Jo is ma last or third bottom ho ga ya ya strong support ko placed karay ga or isa berate capitulate karay ga jab price breaks kar rahi ho ge resistance ka level sa. Ya much rules ha jo ka use ho ga is triple bottom pattern ko qualify karna ka liya. 1: step: Ya jo triple bottom pattern ha ya existing ho ga downtrend ma jab ya pattern banay ga or place ho ga. 2: step: Is pattern ma three lows banay ga jo should roughly equal ma ho ga price ma or ya kuch space out ma ho ge each other sa. Or is ma jo price ho ge ya exactly equal ni ho ga, ya reasonably close ho ga same price ma, ya I ka jo is ma trendline ho ge ya horizontal ho ge. 3: step: Jo isa volume ho ga ya drop ho ga throughout q ka jo ya pattern ho ga ya sign karay ga bears ki strength ka losing hona ka, or jo bullish volume ho ga ya increase karay ga jab price breaks ho ga final resistance sa. HOW TO TRADE A TRIPLE BOTTOM PATTERN : Jo price target hoti ha is triple bottom pattern ma ya reversal par hota ha typically jo distance hota ha is ka lows ka between ma or jo is ma breakout point hota ha is ko added karay ga breakout point ma. For example, agar low $10 ka hota ha or jo breakout ha ya $12 par hota ha to jo price target ho ga is ko $14 dollars par place karay ga. Or jo stop loss ho ga ya points karay ga or ya placed ho ga just below ma breakout point ka or ya below ma ho ge triple bottom pattern ka lows ma. Ya triple bottom pattern similar ho ga double bottom pattern chart pattern par or ya pattern dakhna ma kuch ascending or descending triangles ki trha sa ho ga. Traders is ma trade ko enter karna sa phalay is ki conformation ko dakha ga is ki conformation ka liya traders is ka sath use karay ga technical indecators ko or chart patterns ko. For example, traders is ko note karay ga ka stock ma oversold ha relative strength index ka jab triple bottom pattern ma breakout ho ga or ya confirm karay ga ka jo ya triple bottom pattern ha ya descending triangle ha or ya other ak bearish pattern ha. AN EXAMPLE OF A TRIPLE BOTTOM PATTERN : Ya jo lower ma chart ha ya shows kar raha ha triple bottom chart pattern ki example ko is example ma jo chart ma stock ha ya formed kar raha ha triple bottom pattern pattern ko or is ma breakout kar raha ha trend line jo ka resistance level par ha. Jo different ha is ma third bottom or breakout point ma wo sirf $1.75 ka ha jo ka translated kar raha ha profit ka take karna ko jo ka around $15 par ha jo ka upside ma. Jo is ma stop loss point ha is ko placed kiya jay ga around 13.50 par or jo ka limit karay ga downside ke janab risk ko. THE DIFFERENT BETWEEN A TRIPLE BOTTOM AND TRIPLE TOP PATTERN : Triple top ak opposite pattern ha jo ka triple bottom ka hota ha. Ya triple bottom ak bullish reversal ha, or ya jo triple top ha ya bearish reversal pattern ha jaha par price action bumps karti ha resistance level par three times, or ya posting karti ha highs ki janab three roughly equal highs ko is ma plummeting down hona sa phalay resistance level sa mean ka is ma triple top pattern three peaks ko banay ga higher ma resistance level ko hit karta hua. Ya pattern huma batay ga same essentially mirror pattern ho ga jo ka same market ka phenomenon or prolonged battle ka bara ma batay ga control karay ga bear or bulls ka between ma jis ma ak side ki traf emerges victorious ho ga. Agar is ma koi bhi winner emerges ni hota, or tab ya triple bottom or triple top simply longer term range ma ho ga. LIMITATIONS OF A TRIPLE BOTTOM PATTERN : Is ma always kuch uncertainty hoti ha jab trading ki jati ha charting pattern ma jab work kar raha ho probability ma. Or bahot sa pattern, jasa ka triple bottom pattern easiest karay ga or recognize karay ga trading ki opportunity ko passed karay ga. Double bottom pattern fail ho ga or ya triple bottom sa, or jo ya triple bottom or head and shoulder pat3ha, ya definition ha jo ka ak dosra ka same ha. Or is ma most often is triple bottom pattern ma limitation ya ha simy ka is ma koi great risk ni hota or jo reward hota ha ya tradeoff hota ha q ka jo placement of hoti ha target or stop loss ki. Is ma ramp up hota ha profit potential, traders is ma choose karta ha or put karta ha stop loss ko inside ma is pattern ka or jo tail ho ge up ma breakout ko banay ge. Is ma Issue ha wo ya ha ka is ma jo stopped out rage ho ge ya small loss ho ge higher sa.