DLavrov

EURJPY Double Top

Short
FX:EURJPY   Euro / Japanese Yen
Price bounced from the resistance level and RSI confirmed price reversal. We have a double top chart pattern which is a reversal signal. It's time for short trades. Entry levels are below the uptrend line and the support level. Stop orders must be placed above 125.70 level. Profit targets should be placed at 122.00, 121.00 and 120.00 levels.

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