Tower Top
Definition
A tall up-candle, sideways congestion, then a tall down-candle — a top reversal.
Psychology
Buyers pushed up, stalled at the top, then sellers took over and gave it all back.
Real-life analogy
💡 Price climbs a tower, flattens at the very top, then tumbles down the far side.
Confirmation
A tall bearish candle that retraces most of the prior advance.
Invalidation
A close back above the congestion high.
Historical behaviour
A slower, clearer cousin of the evening star; stronger after an extended uptrend.
Illustrative success rate
~55-60% when confirmed · Medium reliability
Common beginner mistakes
- • Confusing it with an evening star (a tower has congestion, not a gap)
- • Acting before the down-candle completes
Quick quiz — did you understand?
1. Is the Tower Top generally considered bullish, bearish, or neutral?
2. What is the best practice before acting on a Tower Top?
3. Which is a common beginner mistake with the Tower Top?
Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.