FX.co ★ USDJPY M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 143.82 with the upper limit 143.82/143.76, the projection of the width is 15 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 143.67, the price is most likely to continue the upward movement.