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Triple Top Pattern Explained! 📈📉
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🔑 What is a Triple Top?
A bearish reversal pattern that signals a potential trend change after the price tests a resistance level three times but fails to break through.
🔥 How to Trade It:
1️⃣ Identify the Pattern: Look for three peaks at similar levels.
2️⃣ Wait for Confirmation: Enter when the price breaks the neckline (support).
3️⃣ Set Targets: Measure the distance between the peaks and neckline for your profit target.
4️⃣ Risk Management: Place a stop loss above the third peak.
Master this pattern for more consistent trades! 💼
Discover why so many successful traders trust Deriv!
🔥 Open your FREE Demo Account today: https://bit.ly/3Rnmgod
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