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Friday, May 20, 2011

Triple top


Triple Top is a pattern in which a currency has reached a price three times previously, yet has been unable to sustain movements beyond those three peaks. A triple top signifies a strong resistance level.Another type of triple is Triple Bottom




  • Point A - first top
  • Point B - local minima
  • Point C - second top
  • Point D - local minima
  • Point E - third top
  • Point F - signal to sell

Example of a "triple top"






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