The M5 and M15 time frames may have more false entry points.
FX.co ★ EURJPY M5: Double Top
Signal strength 1 of 5
EURJPY M5: Double Top
The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 160.97 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