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FX.co ★ EURJPY M5: Double Top

EURJPY M5: Double Top

Double TopThe Double Top reversal pattern has formed on the EURJPY M5 chart. Its upper boundary is at 185.62, its lower boundary is at 185.13, and its width is 49 points. A break below the lower boundary is likely to confirm further downward movement toward 184.98.
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
Go to the patterns list Go to graph