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Double Top
was formed on 12.08 at 15:00:34 (UTC+0)
signal strength 2 of 5

Double Top GBPJPY M15

The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 199.95; the lower boundary 199.63; the width of the pattern is 30 points. Sell trades are better to be opened below the lower boundary 199.63 with a possible movements towards the 199.40 level.

The M5 and M15 time frames may have more false entry points.

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