Triple Top Pattern
Original schematic showing the guide's principal visual relationships.
Three resistance tests with two reaction lows; confirmation is a break below shared support.
Pattern anatomy
Three failed advances near the same resistance area that may precede a bearish trend reversal.
Three resistance tests with two reaction lows; confirmation is a break below shared support.
How it works
Identify the prior trend first, mark repeated swing highs and lows, then draw only the support, resistance, or neckline justified by those pivots. A pattern remains provisional until price closes beyond its confirmation boundary; visual resemblance alone is not enough.
How to read it
Repeated rejection demonstrates persistent supply, but also makes the support line between peaks the decisive level. A support break completes the pattern.
Practical example
Three advances stall near one resistance area while two pullbacks hold similar support. The third rejection alone is not confirmation: the bearish signal appears only when shared support breaks, ideally with expanding volume and weaker momentum.
Confirmation checklist
Look for an established prior trend, a completed boundary break, and preferably expanding volume or momentum confirmation. A reversal pattern formed without a trend to reverse is weaker evidence.
Limitations and false signals
Repeated tests can weaken resistance and eventually produce an upside breakout. Do not assume the third test must fail.
Limitations and false signals
Frequently asked questions
What does this pattern or indicator describe?
Three failed advances near the same resistance area that may precede a bearish trend reversal.
How should the signal be confirmed?
Repeated rejection demonstrates persistent supply, but also makes the support line between peaks the decisive level. A support break completes the pattern. Look for an established prior trend, a completed boundary break, and preferably expanding volume or momentum confirmation. A reversal pattern formed without a trend to reverse is weaker evidence.
What can cause a false signal?
Repeated tests can weaken resistance and eventually produce an upside breakout. Do not assume the third test must fail.