FX.co ★ AUDCAD M15: Triple Bottom

The Triple Bottom pattern has formed on the chart of AUDCAD M15. Features of the pattern: The lower line of the pattern has coordinates 0.8845 with the upper limit 0.8845/0.8836, the projection of the width is 26 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 0.8819, the price is most likely to continue the upward movement.