Triple top in AM

🧱 1. Pattern: Triple Top

At the top of the chart, you’ll notice the label “Triple top pattern”.

This is a bearish pattern that appears when the price hits the same resistance level three times but fails to break above it.

💡 It usually means the buyers are getting weaker, and the price might start going down.


📉 2. Sell Signal (Breakdown)

The price has dropped below the blue support line, entering what’s marked as the “Sell zone”.

This breakdown confirms the triple top pattern and can be a signal to enter a short (sell) trade, expecting further decline.


🎯 3. Profit Target (Take Profit)

✅ The “Take profits” level is marked below the sell zone, with a potential gain of +3.3%.

This is the target area where traders might want to exit the trade and secure profits if the price keeps dropping.


🛑 4. Stop Loss (Risk Control)

A “Stop loss” is placed just above the breakout area with a 2.6% risk.
This is your safety limit — if the price goes back up instead of down, the trade will automatically close to avoid bigger losses.


📦 5. Volume Profile (Right Side Bars)

On the right side, the yellow and blue bars show the Volume Profile — where the most buying/selling happened.

💡 These zones often act as support or resistance because they show where lots of traders are interested in the stock.


✅ Quick Summary

A Triple Top pattern has formed — a sign the stock may start falling.

• The price broke support and entered the sell zone.
  
• There's a profit target set at +3.3%.
  
• A stop loss is placed at 2.6% to manage risk.
  
• Volume data supports these zones as key decision areas.