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Horn Top

bearish

Definition

Two upward spikes separated by a calmer week — horn-shaped exhaustion.

Psychology

Spike, rest, spike — then the trend gives way.

Real-life analogy

💡 Two mountain horns with a small saddle between them.

Expected direction

down

Entry / Stop / Target

Entry: On the break below the saddle (middle) low. · Stop: Above the higher horn. · Target: Horn height projected below the saddle.

Historical behaviour

Weekly-chart sibling of the pipe top.

Illustrative success rate

~65% follow-through · Medium reliability

Common beginner mistakes

  • Anticipating before the saddle breaks

Quick quiz — did you understand?

1. Is the Horn Top generally considered bullish, bearish, or neutral?

2. After a confirmed Horn Top, the expected direction is usually:

3. Which is a common beginner mistake with the Horn Top?

Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.