Triple Bottom: What the chart pattern means and how to make money using it

The sideways formation of Triple Bottom is seen as the most reliable and profitable pattern

The Triple Bottom is one of the technical formations that indicates a bullish outlook for the stock / commodity / index. It reflects building up of positive sentiment among market players and signals a bullish reversal, majorly supported by strong volumes.
 
The Triple Bottom depicts the price holding the negative weakness around three varied, but nearby, levels. These three different price levels demonstrate that bulls are gaining control of the price action and not allowing the stock price to fall further. Such a scenario is expected to build positivity in the days ahead and the stock price is expected