Multiple Top
A multiple top is a bearish reversal pattern formed when Price forms two or more distinct peaks within a defined range (the peaks not necessarily being exactly at the same level), Dips and recovers between each peak, but ultimately fails to break definitively above the previous peaks & Struggles to overcome a resistance level near the peaks. Multiple tops suggest exhaustion of upward momentum and a loss of buying pressure. The repeated failure to reach new highs indicates that buyers are losing their grip, potentially setting the stage for a downtrend.
Multiple Top, more examples
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