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InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
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Double Top

Double Top

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was formed on 18.03 at 06:45:50 (UTC+0)
signal strength 1 of 5
Double Top GBPJPY M5

The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 194.12 is broken, the downward movement will continue.

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

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