A method for making a touch panel is provided. A number of first transparent conductive layers are formed on an insulative substrate. Each of the first transparent conductive layers is resistance anisotropy. An adhesive layer is formed on the insulative substrate to cover only part of the first transparent conductive layers. A carbon nanotube layer is formed on the adhesive layer. The carbon nanotube layer is patterned to obtain a number of second transparent conductive layers spaced from each other and with each corresponding to one first transparent conductive layer. A number of first electrodes, a first conductive trace, a number of second electrodes, and a second conductive trace are formed contemporaneously.