It takes seven seconds to check this

A Triple Top shows three equal highs failing to break through, warning sellers are taking control. A Descending Triangle forms a flat floor with lower highs squeezing down, often signaling a drop ahead.

A Double Top shows two equal highs rejected at the same level, then price breaks the neckline down. A Rising Wedge squeezes price between two rising lines that converge, usually tipping over into a decline.

A Bearish Pennant follows a sharp drop with a tight little triangle, then continues falling after it breaks.

Want to know this setup cold?

Read the full plain English breakdown with the chart.

Read the breakdown

Rather not scan charts all day?

See how AI can trade for you. Free guide.

Get the free guide