Point and Figure Descending Triple Bottom

Point-and-Figure Descending Triple Bottom

An Descending Triple Bottom occurs when the low box of bar 0 is exactly one box lower than the low box of two bars ago and the low box of two bars ago is exactly one box lower than the low box of four bars ago.


Reference: Kaufman, Perry J.. The New Commodity Trading Systems and Methods. New York, New York: John Wiley & Sons, 1987.