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FX.co ★ USDJPY M5: Triple Top

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Technical Analysis Patterns

2022-05-12T18:35:36
Signal strength 1 of 5

USDJPY M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the USDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -3, support level -8, and pattern’s width 24. Forecast If the price breaks through the support level 128.11, it is likely to move further down to 128.27.
The M5 and M15 time frames may have more false entry points.
*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 USDJPY