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FX.co ★ EURJPY H1: Double Top

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Technical Analysis Patterns

2024-04-19T17:00:23
Signal strength 4 of 5

EURJPY H1: Double Top

Double TopOn the chart of EURJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 164.99; the lower boundary 162.99; the width of the pattern 200 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 162.59 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by EURJPY