Triple top buy signal

The triple top buy signal is one of the most important point and figure buy signals and has a high probability rate. We have to watch very closely this kind of signal because the market is telling us something important. This signal produces when a quotation has found two times resistance at a specific level. The bears a very confident that the bulls can,t make it through this level and they are very surprised when the bulls achieve it. For that reason the triple top has a very good profit potential.

Triple bottom sell signal

The triple bottom sell signal is one of the most important point and figure sell signals and has a high probability rate. We have to watch very closely this kind of signal because the market is telling us something important. This signal produces when a quotation has found two times support at a specific level. The bulls a very confident that the bears can,t make it through this level and they are very surprised when the bears achieve it. For that reason the triple top has a very good profit potential and even more as the triple top buy signal because bear markets are much faster because of the fear factor. You can see very good how the nikkei 225 lost after the triple bottom sell signal 1000 points in a short timeframe.

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