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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 156.45, its lower boundary is at 156.09, and its width is 36 points. A short position may be considered below the lower boundary at 156.09, with a potential target at 155.87.
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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