CNYUSD Forex Tickeron detected bullish FOREX Pattern: Triple Bottoms on July 23, 2024

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07/24/24

Triple Bottoms

CNYUSD - China Yuan - United States Dollar

Emerged: 07/23/24

Breakout: $0.138827

Price: $0.137463

Target price: $0.140182

A.I.dvisor detected a bullish Triple Bottoms pattern for CNYUSD stock. This pattern was detected on July 23, 2024 . The odds of reaching the target price are 6. The Triple Bottom pattern appears when there are three distinct low points (1, 3, 5) that represent a consistent support level. Consider buying a security or call option at the breakout price level. When trading, wait for the confirmation move, which is when the price rises above the breakout level.

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