Pattern 2 of 18: all patterns
Triple top and triple bottom
Three tests of the same high with two pullbacks between them. The lower of the two pullback lows is the neckline. The bottom version is the mirror image.
Each failed test uses up buyers who were willing to pay that price. After the third failure, a close below the neckline shows that sellers now control the range.
- Three swing highs within 15% of the pattern height, each at least four bars after the one before.
- The neckline is the lower of the two pullback lows.
- The scanner checks for a triple first, so the same shape is not also reported as a double top.
How the alerts work for this pattern
- 2Complete
The third top is confirmed. Neckline, stop and target are known.
- 3Close to signaling
Price is within a third of an ATR of the neckline.
- 4Time to act
A candle closes through the neckline.
- xCancelled
Price closes above the highest top, or the setup runs out of time.
The textbook trade
- Trigger
- A close through the neckline.
- Stop
- Beyond the highest top, plus a small ATR buffer.
- Target
- The height of the pattern, projected from the break.
Things to watch
- A third test that breaks through instead of failing turns the shape into a breakout. That is why the stop sits beyond the highest top.
- Triple tops take time to build. On a 15-minute chart they span many hours; check that nothing scheduled, such as a data release, sits inside the window.
Catalogued alongside the double top by Edwards and Magee in Technical Analysis of Stock Trends (1948). Bulkowski's Encyclopedia of Chart Patterns treats it as a separate pattern.
On our charts
Real detections by the scanner on our own price data (2026-08-01 to 2026-10-19), with the alerts it sent. Times are New York time. Some worked and some did not.
- 2Complete2026-10-19 02:15 NYcomplete; the trigger is a close through the neckline at 25518.4
- 4Time to act2026-10-19 02:45 NYclosed through 25518.4: entry 25518.1, stop 25592.4, target 25450.7
- 5Result2026-10-19 03:15 NYtarget (+0.91R)
- 2Complete2026-10-19 10:30 NYcomplete; the trigger is a close through the neckline at 29610.8
- 4Time to act2026-10-19 10:30 NYclosed through 29610.8: entry 29647.2, stop 29448.1, target 29789.8
- 5Result2026-10-19 19:30 NYtime (-0.38R)
Education, not advice. A pattern describes what many traders watch for; it does not predict what price will do. The textbook stop and target are reference levels, not instructions. Trading involves risk.
Trade your way. The Desk backs the move.
You trade; the Desk allocates its own capital behind your trade, small at first and more as the move proves itself. You keep 90% of what that capital makes. $15 a contract, or try it first on a $1,500 demo.
Trading involves risk. This page is education, not advice; examples come from past data.
