Triple Top
Three failed tests of the same resistance level, indicating sellers are firmly in control and a bearish breakdown is likely.
A Triple Top consists of three peaks at comparable price levels with two pullbacks in between. It signals that bulls have attempted to push through resistance three times and failed each time.
Confirmation is a close below the lowest valley of the three pullbacks. The measured target projects the pattern height downward from the breakdown level.
Triple Tops carry more weight than Double Tops — three failed attempts at resistance is a stronger rejection signal.
Related Terms
Double Top
Two consecutive peaks at roughly the same price level, separated by a pullback, signalling exhaustion and potential trend reversal downward.
BeginnerHead and Shoulders
A three-peak reversal pattern where the middle peak (head) is tallest, flanked by two shorter peaks (shoulders), signalling a trend top.
BeginnerNeckline
The support or resistance level connecting the lows (or highs) of a reversal pattern — the line whose break confirms the pattern.
BeginnerReversal Pattern
Any pattern that signals a change in the prevailing trend direction — Head and Shoulders, Double Tops/Bottoms, and wedges at extremes are classic examples.
BeginnerTriple Bottom
Three tests of the same support level that all hold, signalling firm demand and a likely bullish breakout above the intervening peaks.
Beginner