Three Rising Valleys

The Three Rising Valleys has three rising troughs, signaling continuation of uptrend.

Bottom 1Bottom 2Bottom 3Three Rising Valleys: 3 rising bottoms → Uptrend

Pattern Details

Category

continuation

Success Rate

76%

Average Move

+16%

Duration

3-6 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Trough 1: Lowest
  • 2
    Trough 2: Higher than trough 1
  • 3
    Trough 3: Higher than trough 2

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • Enter long position when price exceeds nearest peak
  • Each trough higher than previous
  • Target = Distance from trough 1 to peak
  • Stop loss below trough 3
Trading Tips
  • Similar to Triple Bottom but troughs rising
  • Continuation of uptrend
  • Combine with trendline

Statistics

Breakout Statistics
Bullish Breakout76%
Bearish Breakout24%
Performance Metrics
Average Rise+16%
Average Decline-3%
Pullback Rate8%