GBPJPY double top found
Double Top Formation in GBPJPY
A bearish Double Top pattern has formed in the GBPJPY currency pair, indicating a potential reversal of the uptrend.
Key levels to watch:
Neckline support: 190.125
Resistance: 191.500
Target: 189.500
The Double Top pattern is characterized by:
Two consecutive peaks at similar levels
A decline between the two peaks
A potential breakout below the neckline support
A breakout below the neckline support (190.125) could trigger a short position, targeting 189.500.
Keep a close eye on GBPJPY for a potential breakdown!"
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A bearish Double Top pattern has formed in the GBPJPY currency pair, indicating a potential reversal of the uptrend.
Key levels to watch:
Neckline support: 190.125
Resistance: 191.500
Target: 189.500
The Double Top pattern is characterized by:
Two consecutive peaks at similar levels
A decline between the two peaks
A potential breakout below the neckline support
A breakout below the neckline support (190.125) could trigger a short position, targeting 189.500.
Keep a close eye on GBPJPY for a potential breakdown!"
BEST WISHES TOM 😎
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Stay grouped with us we try to provide you best 🤩
For any help contact us on telegram 👇👇
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