On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 212.74; the lower boundary 212.11; the width of the pattern 63 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 211.81 level. FX.co ★ GBPJPY M30: Double Top
Signal strength 3 of 5
GBPJPY M30: Double Top
On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 212.74; the lower boundary 212.11; the width of the pattern 63 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 211.81 level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade