Reversal pattern · bearish bias
Triple Top pattern
A triple top shows price failing three times at roughly the same high. Each rejection adds evidence that sellers are defending the level, and the pattern confirms when price breaks below the lows between the peaks.
How to identify a triple top
- A prior uptrend into the first peak.
- Three peaks at a similar level, each followed by a pullback.
- The pullback lows form a support line, often roughly horizontal.
What confirms it
A close below the support line formed by the pullback lows.
What invalidates it
A sustained close above the three peaks invalidates the pattern.
How traders project a target
Project the height between the peaks and the support line downward from the break.
Common mistakes
- Assuming a third rejection guarantees a reversal. Repeated tests can also wear resistance down.
- Shorting at the third peak without any break of support.
- Confusing a sideways range with a reversal pattern when there is no prior uptrend.
Where it appears
Rarer than a double top. On lower timeframes three touches often just define a trading range.
Frequently asked questions
How is a triple top different from a head and shoulders?
In a head and shoulders the middle peak is clearly higher. In a triple top all three peaks are at roughly the same level.
Is a triple top stronger than a double top?
It shows resistance holding one more time, which some traders see as stronger. The break of support is still what confirms either pattern.
What if price breaks above the three peaks?
That invalidates the bearish reading. A level that has been tested three times and then breaks can lead to a strong move higher.
Related chart patterns
Educational content only, not financial advice. Chart patterns describe probabilities, not certainties, and every pattern can fail. See our disclaimer.