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Tower Top

The Tower Top has advancing sessions creating a tower on the left, then declining sessions creating a symmetrical tower on the right.

Candle towerSupportTower Top: Candles form tower → Break support → Decline

Pattern Details

Category

reversal

Success Rate

70%

Average Move

-13%

Duration

2-4 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Left portion: Advancing candles creating upward tower
  • 2
    Tower top: Highest point
  • 3
    Right portion: Declining candles creating downward tower symmetrically

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Enter short position when right tower completes
  • ✓
    Volume should be symmetrical on both sides
  • ✓
    Target = Height of the tower
  • ✓
    Stop loss above tower top
Trading Tips
  • Symmetrical pattern is most important
  • Similar to Adam and Eve
  • Rare but reliable pattern

Statistics

Breakout Statistics
Bullish Breakout30%
Bearish Breakout70%
Performance Metrics
Average Rise+4%
Average Decline-13%
Pullback Rate12%