The Ultimate Guide to Three Mountain Top Candlestick Patterns

Last updated: January 4, 2024

Three Mountain Top Pattern

The three mountain top candlestick pattern occurs when a stock retreats from its highs three times and is unable to hold the price:



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 mountain 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!