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Triple bottom sell is a 5-column bearish support breakout pattern. A sell signal is generated when the 5th column falls below the 1st and 3rd column lows which are at the same level.
With a 5-column pattern, if the low price of the first and third columns is at the same level and a double bottom sell pattern has yet to occur, it is a probable triple bottom sell pattern.
The probable triple bottom sell pattern helps to identify the triple bottom sell pattern box-level in advance.
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.