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FX.co ★ USDJPY M15: Double Top

USDJPY M15: Double Top

Double TopThe Double Top reversal pattern has formed on the USDJPY M15 chart. Its upper boundary is at 159.05, its lower boundary is at 158.86, and its width is 20 points. A short position may be considered below the lower boundary at 158.86, with a potential target at 158.63.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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