BOREARIS

USD/JPY Triple bottom 1 hour

USD/JPY 1 hourConfirmed Oct 19, 23:00 UTC+8
LNLNLConfirmedClosedTarget 159.135Target 1 158.780Confirm 158.426Neck 158.340Invalid 157.510157.012━ MA20 + Bollinger Bands ━ MA50 1 hour70503023.50━ RSI ━ 9MA0-0.24━ MACD ━ MACD Signal10/14 20:0010/16 00:0010/17 04:0010/20 08:0010/21 12:0010/22 16:00
LNLNLConfirmedClosedTarget159.135Target1 158.780Confirm158.426Neck158.340Invalid157.510157.012━ MA20 ━ MA5070503023.50━ RSI ━ 9MA0-0.24━ MACD ━ MACD Signal16 11:0020 04:0021 20:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Triple bottom: Invalidated

Target159.135
First target158.780
Confirmation158.426
Invalid at157.510
Move-0.59%

Timeframe1 hour
ConfirmedOct 19, 23:00
ClosedOct 22, 13:00
Duration63.0 h
Reward / risk0.77

What this tells you

Price holds the same low three times; a break above the neckline suggests buyers keep defending that level and a base may be in.

Check it on the live chart

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Swing points

PointTime UTC+8Price
LowOct 15, 21:00157.545
NecklineOct 16, 00:00158.247
LowOct 16, 22:00157.691
NecklineOct 17, 00:00158.340
LowOct 19, 08:00157.696
ConfirmationOct 19, 23:00158.426

Recently closed Triple bottom patterns: 4 in total, 2 reached the target first (50%), 2 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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