Yes, but......
QUOTE
Double Reversals materialize a few times during the course of one year on a daily level, on a weekly level they may only develop once every two or three years. As for the Triple Reversal, we saw this live only once in the US Treasury Bond futures in 1989. Otherwise, this Triple Reversal has not been generated in any US market on any level since 1929!
https://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/system/


if you actual look at the
Dow                               1x Double Weekly,   1x Double Monthly.
EURUSD 2x Double Daily, 2x Double Weekly,   1x Double Monthly
Gold                               1x Double Weekly,    1x Tripple Monthly

this seems to be very often.....double weekly = every 2-3 years, tripple only once happend.....are you sure?