Horn Top Chart Pattern — How to Spot and Trade It
7/6/2026
chart-patterns
technical
bearish
Two upward spikes separated by a calmer week — horn-shaped exhaustion.
In plain words
Two mountain horns with a small saddle between them.
What the classic books say
The Horn Top is a reversal pattern with reference reliability Medium and illustrative behaviour of ~65% follow-through (the kind of statistics catalogued in Bulkowski's encyclopedic pattern studies and Murphy's technical-analysis classic). Weekly-chart sibling of the pipe top.
Level by level
Beginner
Spike, rest, spike — then the trend gives way.
Intermediate
The saddle shows failed continuation between two thrusts of buying climax.
Advanced
Confirm on the break below the saddle low.
Trade plan (educational template)
- Entry: On the break below the saddle (middle) low.
- Stop-loss: Above the higher horn.
- Target: Horn height projected below the saddle.
- Check the numbers with the Risk-Reward calculator before any entry.
Common beginner mistakes
- Anticipating before the saddle breaks
Practise it now
_Educational content only — not financial advice. Historical behaviour never guarantees future results._
Keep learning — free tools