Triple Top

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Dictionary Says

Definition of 'Triple Top'

A pattern used in technical analysis to predict the reversal of a prolonged uptrend. This pattern is identified when the price of an asset creates three peaks at nearly the same price level. The bounce off the resistance near the third peak is a clear indication that buying interest is becoming exhausted. It is used by traders to predict the reversal of the uptrend.

Triple Top
Investopedia Says

Investopedia explains 'Triple Top'

The three consecutive tops make this pattern visually similar to the head and shoulders pattern but, in this case, the middle peak is nearly equal to the other peaks rather than being higher. Many traders will enter into a short position once the price of the asset falls below the identified support level (shown by the black line in the chart above)
Search results for

'Triple Top'

  • Analyzing Chart Patterns: Triple Tops And Bottoms | Investopedia

    http://www.investopedia.com/university/charts/charts9.asp
    ... By Chad Langager and Casey Murphy, senior analyst of ChartAdvisor.com The triple
    top and triple bottom are reversal patterns that are formulated when a ...

  • How To Interpret Technical Analysis Price Patterns: Triple Tops ...

    http://www.investopedia.com/articles/technical/02/012102.asp
    ... resemble “M” and “W,” the triple tops and bottoms bear a resemblance to the
    cursive “M” or “W”: three pushes up (in a triple top) or three ...

  • Testing Point-And-Figure Patterns

    http://www.investopedia.com/articles/trading/07/point-figure.asp
    ... points. The Triple Top/Bottom A more complex buy signal is the triple top,
    in which a column of Xs rises above two previous X columns. ...

  • Forex Market Update For Friday December 12

    http://stocks.investopedia.com/stock-analysis/2008/Forex-Market-Update-For-Friday-December-12-FXE-FXY-FXF1212.aspx
    ... With the EUR/USD breaking above a triple top resistance this month, it seems
    necessary to see if the USD/CHF has broken below its support. ...

  • Triple Screen Trading System - Part 5

    http://www.investopedia.com/articles/trading/03/061103.asp
    ... when using the MACD histogram as the first screen of the triple screen trading system ...
    The shape of stochastic's top can also indicate the relative steepness or ...

  • 5 Triple-Threat Performers - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/5-Triple-Threat-Performers.aspx
    ... Madonna One of the original triple-threat performers, Madonna has been named the
    all-time top-selling female recording artist by Guinness World Records with ...

  • Triple Screen Trading System - Part 6

    http://www.investopedia.com/articles/trading/03/062503.asp
    ... a four- to five-day range of prices to work effectively with the triple screen trading ...
    The distance from the latest closing price to the top of the range is ...

  • Analyzing Chart Patterns: Conclusion | Investopedia

    http://www.investopedia.com/university/charts/charts11.asp
    ... exhaustion. A triple top is a reversal pattern formed when a security attempts
    to move past a level of resistance three times and fails. ...

  • Triple Screen Trading System - Part 4

    http://www.investopedia.com/articles/trading/03/052803.asp
    ... And-Trough Analysis.) Shorting Elder-Ray as the second screen in the triple screen
    trading ... If prices hit a new high but bull power hits a lower top, the bulls ...

  • Three "Triple Play" Healthcare Stocks

    http://stocks.investopedia.com/stock-analysis/2010/Three-Triple-Play-Healthcare-Stocks-HUM-STJ-QQQQ-IYH-UNH0505.aspx
    ... The Wrap Momentum investors take special interest in triple play performers, usually
    driving ... Check out Top Things To Know For An Investment Banking Interview.). ...

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