Reversal patterns
Triple top
Usually bearish
Three failures at approximately the same resistance, with a shared support level beneath.
What a triple top tells you
Rarer than the double top and generally treated as stronger, because the level has now held three separate attempts. The support beneath tends to break decisively when it goes.
Why it forms
Every failed attempt adds sellers who are waiting at the level and removes buyers who have run out of patience.
How traders enter it
Traders wait for the shared support to break, then use the pattern height as the first objective.
How it fails
Long consolidations under a level often resolve upward. Three touches can equally mean the level is being worn down rather than defended.
That last section is the one worth rereading. A pattern is only useful because it comes with a level that proves you wrong — without one you have a shape and a hope.
People also ask
Is a triple top bullish or bearish?
A triple top is usually read as bearish, but only once it confirms. Before the confirming break it is a shape, and shapes fail. Context decides more than the label does.
How do you trade a triple top?
Traders wait for the shared support to break, then use the pattern height as the first objective.
When does a triple top fail?
Long consolidations under a level often resolve upward. Three touches can equally mean the level is being worn down rather than defended.
Can ChartLens spot a triple top for me?
Yes. Photograph or screenshot any chart and ChartLens names the pattern if it is clearly formed, with a confidence level and whether it is forming, confirmed or failed — and says nothing if it is not there.
Last updated .