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Triple bottom sell pattern followed by a double bottom sell pattern is a bearish catapult pattern. The only difference in this formation is that columnn ‘X’ before the bullish breakout pattern enters the territory of the previous triple bottom sell pattern and crosses above the breakout level of the triple bottom sell pattern.
It is a traditional P&F pattern that is very difficult to find.
Click here to learn more about the pattern.
This pattern can be plotted on the chart by adding it from the study menu in TradePoint & RZone. The pattern is also available in the system builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.