The triple bottom is a bullish reversal signal that can signal the end of a downtrend. In this case, the triple bottom indicates that the price of GBPCHF has found support at a certain level and is now reversing to the upside after three consecutive bottoms. This can be an indication that the downtrend has ended and a new uptrend is beginning. Therefore, it is a good idea to go long on GBPCHF.
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