{"id":12265,"date":"2026-05-22T13:39:31","date_gmt":"2026-05-22T13:39:31","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/glossary\/triple-top\/"},"modified":"2026-05-22T13:39:31","modified_gmt":"2026-05-22T13:39:31","slug":"triple-top","status":"publish","type":"glossary","link":"https:\/\/lemonn.co.in\/blog\/glossary\/triple-top\/","title":{"rendered":"Triple Top"},"content":{"rendered":"<p>A <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/triple-top\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Triple Top<\/a> is a chart pattern marked by three peaks at approximately the same level, separated by two pullbacks. It is essentially a stronger ve<a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/rsi\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>rsi<\/a>on of the <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/double-top\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Double Top<\/a> &mdash; three failed attempts to break resistance tend to confirm that buyers are exhausted. A break below the support formed by the two troughs confirms the <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/bearish\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>bearish<\/a> reversal.<\/p>\n<div><strong>Key takeaways:<\/strong>\n<ul>\n<li>Three peaks at similar prices with two intervening troughs.<\/li>\n<li>Bearish confirmation requires a close below the support formed by the troughs.<\/li>\n<li><a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/volume\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Volume<\/a> typically diminishes through the three peaks.<\/li>\n<li>Target = distance from peaks to support line, projected below the breakdown.<\/li>\n<li>A rarer but more reliable pattern than the simple Double Top.<\/li>\n<\/ul>\n<\/div>\n<h2 id=\"pattern-structure\">Pattern structure<\/h2>\n<ul>\n<li>Three highs roughly within 3% of each other.<\/li>\n<li>Two intermediate lows &#x2014; often close in price.<\/li>\n<li>Support line drawn through the two lows acts as the neckline.<\/li>\n<li>Pattern may form over weeks to months, longer than a Double Top.<\/li>\n<\/ul>\n<h2 id=\"confirmation-and-entry\">Confirmation and entry<\/h2>\n<p>The pattern is valid only after a daily close below the support line. Wait for a retest of the broken support as new resistance for a higher-probability short entry. Stops belong just above the third peak.<\/p>\n<h2 id=\"volume-context\">Volume context<\/h2>\n<p>Volume tends to contract progressively across the three peaks. A bearish breakdown with a volume surge is most reliable. If the breakdown happens on tepid volume, the pattern is more likely to fail.<\/p>\n<h2 id=\"setting-a-target\">Setting a target<\/h2>\n<p>Measure the height from the peaks to the support line. Subtract this distance from the breakdown price to estimate the minimum downside target. Strong reversals can extend further, especially when accompanied by broader market weakness.<\/p>\n<h2 id=\"common-pitfalls\">Common pitfalls<\/h2>\n<ul>\n<li>Mistaking a sideways range for a Triple Top. The pattern needs a clear preceding uptrend.<\/li>\n<li>Calling the third peak before it has formed. Patience is critical.<\/li>\n<li>Ignoring volume confirmation, which significantly improves reliability.<\/li>\n<li>Failing to manage risk; failed triple tops can trigger explosive rallies.<\/li>\n<\/ul>\n<h2 id=\"practical-example\">Practical example<\/h2>\n<p>Bank <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/nifty\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Nifty<\/a> rallies and fails three times around 51,000 with diminishing volume. The intervening troughs sit near 49,800. When the <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/index\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>index<\/a> closes below 49,800 with volume confirmation, the Triple Top is confirmed. The measured downside target is roughly 1,200 points below the support, or 48,600. Aggressive traders short the breakdown; co<a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/nse\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>nse<\/a>rvative ones wait for a retest of 49,800 from below.<\/p>\n<h2 id=\"frequently-asked-questions\">Frequently asked questions<\/h2>\n<div>\n<h3 id=\"is-triple-top-more-reliable-than-double-top\">Is Triple Top more reliable than Double Top?<\/h3>\n<p>Generally yes, because three failed attempts indicate stronger exhaustion of buyers.<\/p>\n<h3 id=\"how-long-does-the-pattern-take-to-form\">How long does the pattern take to form?<\/h3>\n<p>Weeks to months on daily charts; longer on weekly.<\/p>\n<h3 id=\"can-a-triple-top-fail\">Can a Triple Top fail?<\/h3>\n<p>Yes. Failed patterns often signal that the original trend resumes with force.<\/p>\n<h3 id=\"does-it-work-in-indian-commodities\">Does it work in Indian commodities?<\/h3>\n<p>Yes &#x2014; Triple Tops show up on MCX gold, silver and crude charts as well.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Triple Top is a chart pattern marked by three peaks at approximately the same level, separated by two pullbacks. It is essentially a stronger version of the Double Top &#x2014; three failed attempts to break resistance tend to confirm that buyers are exhausted. A break below the support formed by the two troughs confirms [&#x2026;]<\/p>\n","protected":false},"author":3,"featured_media":0,"menu_order":0,"template":"","meta":{"_uag_custom_page_level_css":"","footnotes":""},"class_list":["post-12265","glossary","type-glossary","status-publish","hentry"],"blocksy_meta":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Ashutosh","author_link":"https:\/\/lemonn.co.in\/blog\/author\/ashu\/"},"uagb_comment_info":0,"uagb_excerpt":"A Triple Top is a chart pattern marked by three peaks at approximately the same level, separated by two pullbacks. It is essentially a stronger version of the Double Top &#x2014; three failed attempts to break resistance tend to confirm that buyers are exhausted. A break below the support formed by the two troughs confirms&hellip;","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary\/12265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"version-history":[{"count":0,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary\/12265\/revisions"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=12265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}