A triple bottom pattern, followed by a breakout of the neckline, indicates a potential upward bullish movement in the market.
"And after three touches, look, this became our triple bottom. We have already taken three touches on the bottom. We have taken three touches three times on the bottom, it is called a triple bottom. And if you take three touches on the top, it is a triple top. Okay? Now, what does the market do after this? If the market gives a little break out here, then the market gives a break out after this and takes a good movement on the top. It gives a bullish movement."