Triple Top

Triple top is an extension of the double top pattern. It is formed when the price is in an uptrend movement and attempts to break past the resistance level three times, forming 3 peaks. The pattern is completed when price breaks out below the support level.

Similar to double top, triple top is a trend reversal pattern. In this pattern, we go short when a breakout candle has formed below the support level.

Triple Bottom

Triple bottom is the opposite of triple top chart formation. This chart is formed when price fails to break past the support level three times (forming 3 lows) after a downtrend. This pattern is confirmed when price breaks above the resistance level.

In this pattern, we go long when a breakout candle has formed above the resistance level.