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Double Top
was formed on 01.05 at 10:00:10 (UTC+0)
signal strength 1 of 5

Double Top GBPJPY M5

On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 192.14; the lower boundary 191.84; the width of the pattern 30 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 191.69 level.

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

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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