Technicals

Triple Top

A triple top, a less common variation of the double top, displays three peaks instead of two. Each peak is accompanied by a decrease in volume compared to the previous one. The pattern is confirmed when the price falls below the second reaction low. This is an important signal for traders as it suggests a potential reversal in the market trend. Keep an eye out for this pattern in your technical analysis.

Related terms

Bellwether

Understand the meaning and definition of Bellwether in the context of stock market, trading, and investments.

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Money flow index

Understand the meaning and definition of Money flow index in the context of stock market, trading, and investments.

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Trend

Understand the meaning and definition of Trend in the context of stock market, trading, and investments.

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Point value

Understand the meaning and definition of Point value in the context of stock market, trading, and investments.

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Broadening Top

Understand the meaning and definition of Broadening Top in the context of stock market, trading, and investments.

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Elliott Wave Theory

Understand the meaning and definition of Elliott Wave Theory in the context of stock market, trading, and investments.

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