Triple Top
Also known as: Triple High
Three peaks of similar height at the same resistance zone. A break of the shared support beneath them signals the downward reversal.
How it forms
Price fails three times at the same ceiling. The lows between the peaks sit on roughly one line – the trigger line. Three attempts instead of two point to stubborn resistance.
How it is typically traded
On a break of the shared support downward (on a closing basis).
The height of the formation (peaks to support), projected downward.
Above the third peak.
Where & when – and the limits
Rarer than the double top but usually more meaningful. As long as support holds it is just a sideways range. The wider and longer, the more robust.
Related patterns
Education, not investment advice. Chart patterns describe probabilities, not guarantees – they fail regularly. Always manage risk with stop-loss and position size.
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