FX.co ★ EURUSD H1: Triple Bottom

The Triple Bottom pattern has formed on the chart of EURUSD H1. Features of the pattern: The lower line of the pattern has coordinates 1.1439 with the upper limit 1.1439/1.1357, the projection of the width is 131 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 1.1308, the price is most likely to continue the upward movement.