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FX.co ★ GBPJPY M15: Double Top

GBPJPY M15: Double Top

Double TopThe Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 194.83; the lower boundary 194.03; the width of the pattern is 76 points. Sell trades are better to be opened below the lower boundary 194.03 with a possible movements towards the 193.80 level.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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