The Ultimate Guide to Three Buddha Top Candlestick Patterns

Last updated: January 4, 2024

Three Buddha Top Pattern

The three Buddha top candlestick pattern occurs when a stock retreats from its highs three times, where the middle peak is larger than the first and third:



General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes three Buddha top patterns with the following characteristics:

Typical characteristics

Examples of use as a trading indicator

Other interpretations

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!