Triple Top

Triple Top
The trading chart cost trading design called as Triple Top is an infrequent reversal pattern that normally indicates the move towards important reversal in existing direction of trend or the problem represented by it. The triple pattern is same in arrival to the patterns of head and shoulder, in this is characterized by a sequence of three lows and highs, except with triple three different highs having a perfect level. As far as triple bottom is concerned, it is usually thought that longer a specific trend takes to develop fully, the powerful the important change in cost once the breakout takes place. Characteristically, the triple bottoms and tops take nearly four months for developing and are regarded as the slowest kind of chart designs to mature fully.