A "Triple Top" is a technical analysis pattern that indicates a potential reversal in a security's price trend. It occurs when the price reaches a peak three times at roughly the same level, forming a horizontal resistance line. Each peak is followed by a decline, suggesting that buyers are losing strength and sellers are gaining control. Traders often view a Triple Top as a bearish signal, meaning the price may soon decline. The pattern is confirmed when the price breaks below the support level established after the third peak. This can lead to further selling pressure as more traders react to the signal.