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FX.co ★ EURJPY M5: Double Top

EURJPY M5: Double Top

Double TopThe Double Top reversal pattern has formed on the EURJPY M5 chart. Its upper boundary is at 178.39, its lower boundary is at 178.31, and its width is 8 points. A short position may be considered below the lower boundary at 178.31, with a potential target at 178.16.
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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