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FX.co ★ EURJPY M5: Triple Top

EURJPY M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the EURJPY M5 trading instrument. It is a reversal pattern with resistance at 181.30/181.39, support at 181.07/181.20, and a width of 23 points. A break below the confirmation support at 181.07 may signal further downward movement.
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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