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FX.co ★ GBPJPY M30: Double Top

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Technical Analysis Patterns

2024-05-09T19:00:18
Signal strength 3 of 5

GBPJPY M30: Double Top

Double TopOn the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 194.79; the lower boundary 194.03; the width of the pattern 76 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 193.73 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by GBPJPY