The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPJPY M5: Double Top
Signal strength 1 of 5
GBPJPY M5: Double Top
The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 192.20 is broken, the downward movement will continue.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction