Triple Top and Triple Bottoms is a chart pattern that is used to determine a reversal in trend.
A triple top pattern is when price action has peaked at certain price area three times and gets rejected every single time. The third rejection typically follows a strong trend reversal to the downside.
Triple tops are a bearish chart pattern.
A triple bottom pattern is when price action has reached a low at certain price area three times and bounces every single time. The third bounce typically follows a strong trend reversal to the upside.
Triple bottoms are a bullish chart pattern.