EvanJones

Double Top within a Rnage

Short
FX:JPN225   Nikkei 225 Index
5
Clearly a range is being seen in the indices markets with no defined resolution on direction which has caused this ranging pattern to form. On top of that, a double top has formed and rejected the resistance line so expect shorts to be in play with targets towards the current weekly pivot and potentially beyond. Stops above the high of the double top!

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