The M5 and M15 time frames may have more false entry points.
FX.co ★ USDJPY M5: Double Top
Signal strength 1 of 5
USDJPY M5: Double Top
The Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 153.98 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