FX.co ★ USDJPY M15: Double Top

USDJPY M15: Double Top

Double TopOn the chart of USDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 104.37; the lower boundary 104.27; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 104.04 level.
The M5 and M15 time frames may have more false entry points.
Go to the patterns list Go to graph