Triple top and triple bottom
Training for the triple top and triple bottom are formations with high reliability indicate a trend change.
It is characterized by the existence of three similar maximum amount and that both involve a corrective phase, although minor variations are supported.
Triple Features Roof:
Appears in bull markets
Once implies a downward corrective phase.
It is a common figure.
It is a figure with great reliability
It consists of three peaks at the same level to act as resistance and two intermediate points between them. The line that joins them is called the neckline. When the price falls below the neckline is triggered bearish formation with a target equal to the height that separates the neckline of the top three.
The behavior of the market volume during training tends to be: falling between points 1, 2 and 3. loud the rupture or perforation of the neckline. If a pullback volume should be very low. When the price is heading to the target volume is growing again.
Features Triple Ground:
Appears in bear markets.
Once a corrective phase involves the rise.
It is a common figure.
It is a figure with great confidence.
It consists of three minima at the same level acting as a support and two intermediate points between them. The line that joins them is called the neckline. When it exceeds the neckline is fired up this training with an upward target equal to the height that separates the neckline of the three lowest.
The behavior of the market volume during training tends to be: falling between points 1, 2 and 3. Loud the rupture or perforation of the neckline. If a pullback volume should be very low. When the price is heading to the target volume is growing again.
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