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 reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 163.64; the lower boundary 163.25; the width of the pattern is 36 points. Sell trades are better to be opened below the lower boundary 163.25 with a possible movements towards the 163.10 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction