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FX.co ★ AUDJPY M5: Triple Top

AUDJPY M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the AUDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -4, and pattern’s width 7. Forecast If the price breaks through the support level 106.04, it is likely to move further down to 105.98.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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