Actual patterns

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Actual patterns

Double Top

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was formed on 07.04 at 21:15:26 (UTC+0)
signal strength 2 of 5

On the chart of USDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 148.13; the lower boundary 147.71; the width of the pattern 42 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 147.49 level.

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

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Double Top