Courses / Chart Patterns Masterclass

Triple Top and Triple Bottom

Three tests of the same level show strong supply or demand.

A triple top has three peaks at nearly the same level, with two troughs between them. It shows repeated rejection and often leads to a decline once support breaks.

A triple bottom is the opposite. Because the level was tested three times, a break often moves with strength, but the pattern takes a long time to form.

Volume usually falls as the pattern develops and rises on the breakout.

Key takeaways

• Three tests of the same level
• Break of support (top) or resistance (bottom) confirms
• Volume tends to rise on the breakout

Quiz

• A triple top has how many peaks? Answer: Three. Three peaks at a similar level.
• It shows repeated: Answer: Rejection at the level. The level was rejected three times.
• Confirmation of a triple top is a break of: Answer: Support below the troughs. The support line under the troughs.

Educational content, not financial advice.