LEARNING : Horizontal Congestion: Triple Top

Characteristics : • Three distinct peaks at roughly the same price level separated by two intermittent troughs • Breakout occurs when price exceeds the extreme of the intermittent trough or a trend line connecting those points This patern is evenully a break out pattern on down side , comparatively it may have sharp and big moves usually after break out confirmation , due to broader range trade for a certain period of time prior to confirmtion i.e. both sided - up and down , may have a lower low or Higher low price pattern with in the same broader price pattern before broader chart patterrn confirmation Disclaimer : This is an educational topic , for information purpose only , should not rely upon only , without other technical parameters view or confirmation . View Disclaimer /Disclosure link in Bio !SBIN