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Triple Top Chart Pattern

Triple Top Chart Pattern - The triple top pattern is a bearish reversal pattern that occurs at the end of an uptrend and consists of three consecutive tops along with the same resistance level. A triple top is a bearish reversal chart pattern that signals the sellers are in control (the opposite is called a triple bottom pattern). This bearish formation signals the definitive end of an uptrend through the creation of three distinct. Learn about a triple top pattern which is a bearish reversal pattern that forms on charts when the price forms three prominent swing high resistance levels and reverses. The triple top pattern is a reversal chart pattern that is formed when the price of security hits the same resistance level three times before breaking down. What is the triple top pattern? Here’s how it looks like… A triple top pattern is when a stock forms three distinct peaks, forming near resistance levels, followed by downward price movement. Triple top is one of the most reliable and powerful reversal patterns in technical analysis.

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