Web Trader MT5
Three unsuccessful attempts to move above the same resistance area can create a triple top. The pattern normally appears after an advance. Each rally reaches a similar high, then turns down. It is not confirmed simply because the third peak appears. Traders often look for a fall below the support area formed between the peaks. That break suggests the earlier uptrend has weakened. If price instead moves above the three highs, the resistance has failed and the pattern is no longer working as expected. A triple top is therefore a possible bearish reversal structure, not a rule that the third test must lead to a decline.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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