• A triple top is formed by three peaks moving into the same area with pullbacks between them.
  • The triple top is considered complete, indicating a further decline in price as soon as the price falls below the support level of the model.
  • A trader exits a long or enters a short when the triple top completes.
  • When trading the pattern, stop loss can be placed above the resistance (peaks).
  • The suggested lower target of the pattern is the height of the pattern subtracted from the breakout point.