Point and Figure Spread Triple Bottom

Point and Figure Spread Triple Bottom

A Spread Triple Bottom occurs when the low box of bar 0 is exactly 2 boxes lower than the low box of two bar ago, the low box of two bars ago is exactly one box higher than the low box of four bars ago, and the low box of four bars ago equals the low box of six bars ago.


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