Double Top

Double tops are identified as two peaks failing to break the same level of resistance. The target is measured vertically from the highest point to the bottom of the trough between the two peeks. It is then projected down from the break of the neckline. 

Triple Top

Triple tops are identified as three peeks failing to break the same level of resistance. The target is measured vertically from the highest point to the bottom of the trough between the three peeks. It is then projected down from the break of the neckline. 

 For obvious reasons this is often called an "M-top"  The market is failing twice at a resistance and is reversing then sharply. A break of the support would indicate further losses towards the target that can be evaluated through the following procedure. The vertical width of the "M" (price difference) is projected downwards from the breakpoint of the support. The opposite of this reversal formation occurs on a bottom - W-bottom