The Ultimate Guide to Three River Bottom Candlestick Patterns

Last updated: January 4, 2024

Three River Bottom Pattern

The three river bottom candlestick pattern occurs when a stock tests its lows three times and does not decline any further in price:



General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes three river bottom patterns with the following characteristics:

Typical characteristics

Examples of use as a trading indicator

Other interpretations

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!