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Triple Top
Signal
Bearish
Win Rate
70%
Avg Move
-13.5%
Reliability
High

Pattern Definition

A triple top has three similar highs with clear pullbacks between them. A breakdown below the lowest neckline confirms the pattern — a stronger signal than a double top.

Market Psychology

Heavy supply was found at the same price level three times. After three failed attempts, bulls completely lose confidence; breaking the neckline triggers accelerated selling as bears aggressively drive price down.

Trading Application

Enter short on a high-volume breakdown below the lowest neckline (win rate 70%). Stop-loss above the three highs. Target = top height measured down from breakdown.

Important Notes

The three highs should be close (within 5%). More tests = more powerful breakdown. Volume expansion on the neckline breakdown is crucial.