What the lesson covers

1. 0:00Three lows in a row, each one higher than the last. Less famous than a double bottom and a stronger claim.
2. 0:06The shape. A bottom, a rally, a higher low, another rally, a higher low again. A ceiling across the peaks and a rising line under the troughs.
3. 0:17Why it forms. Each valley is an attempt to sell it down being met earlier than the last. Two of those is a coincidence; three is a sequence.
4. 0:27The levels that matter. The ceiling, the rising line under the valleys, the third valley itself, and the height from the first one up to the ceiling.
5. 0:37Where it completes. It completes on a close above the ceiling. Below the third valley the sequence has ended, and the third valley is the level rather than the first.
6. 0:48How often it follows through. Sixty-three to sixty-nine, one of the stronger bands, because it needs three separate confirmations rather than one shape.
7. 0:57The same shape failing. A fourth low that fails to hold above the third. No drama, no reversal bar — the sequence just quietly stops being true.
8. 1:08The tells. Rallies each stopping lower than the last, a third valley on the heaviest volume, or a low that undercuts its predecessor.
9. 1:18This is the reversal you can watch arrive instead of react to.