was formed on 08.05 at 17:30:26 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 163.63; the lower boundary 163.44; the width of the pattern 19 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 163.29 level.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
