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FX.co ★ GBPJPY M5: Triple Top

GBPJPY M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the GBPJPY M5 trading instrument. It is a reversal pattern with resistance at 215.08/215.11, support at 214.98/215.00, and a width of 10 points. A break below the confirmation support at 214.98 may signal further downward movement.
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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