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FX.co ★ AUDJPY M5: Double Top

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Technical Analysis Patterns

2024-05-08T23:11:41
Signal strength 1 of 5

AUDJPY M5: Double Top

Double TopThe Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 102.33; the lower boundary 102.20; the width of the pattern is 13 points. Sell trades are better to be opened below the lower boundary 102.20 with a possible movements towards the 102.05 level.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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