The M5 and M15 time frames may have more false entry points.
FX.co ★ USDJPY M15: Double Top
Signal strength 2 of 5
USDJPY M15: Double Top
The Double Top reversal pattern has been formed on USDJPY M15. Characteristics: the upper boundary 129.42; the lower boundary 129.13; the width of the pattern is 27 points. Sell trades are better to be opened below the lower boundary 129.13 with a possible movements towards the 128.90 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade