All patterns

Sirius-50 › MSFT (Microsoft Corporation) · 1h

Triple Top

Breakout confirmedBearish
Quality39%

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Draw it on TradingView

No bar counting. Copy the Pine Script and paste it into TradingView; the pattern, breakout, target and invalidation lines are drawn on exactly these candles.

Open MSFT chart
  1. 1.Copy the script and open the chart on TradingView.
  2. 2.Open the Pine Editor at the bottom, clear it and paste.
  3. 3.Click "Add to chart"; the drawings appear.

Swing points

PointCandle open (UTC)UTCBar #Price
T1Oct 19, 03:30 PMOct 19, 03:30 PM0535.57
N1Oct 20, 01:30 PMOct 20, 01:30 PM5525.84
T2Oct 20, 05:30 PMOct 20, 05:30 PM9534.20
N2Oct 21, 01:30 PMOct 21, 01:30 PM12525.02
T3Oct 22, 01:30 PMOct 22, 01:30 PM19533.60
BRKOct 22, 05:30 PMOct 22, 05:30 PM523.73

Bar #: candles counted from the pattern's first point. Times are candle open times.

Lines

  • NecklineOct 20, 01:30 PM · 525.84 → Oct 22, 05:30 PM · 523.73
  • ResistanceOct 19, 03:30 PM · 535.57 → Oct 22, 01:30 PM · 533.60

This pattern's track record

On the 1h chart

Not enough cases yet (8/20). The rate appears once enough outcomes are recorded.

All timeframes

54%

Target reached after breakout

Breakout rate
53%
Reached half the target
62%
Average time to target
2.5 days
Cases
26 resolved cases

What is this pattern?

A longer double top: three peaks at about the same level with a flat support beneath. A close below support targets the pattern height lower.

A close above the peaks invalidates the pattern.

This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.

MSFT 1h Triple Top | IndicatorScan