This is GBPJPY on the 4hr timeframe trapped inside an ascending channel, price is currently on a high and a psychological key level of 166.000
price already made a first rejection on the resistance area of 166.000

Will price make another rejection to form a second rejection and give a double top (M-formation) for a sell

We react to what we see

Watch out

1. Double top formation
2. Price action candlestick
3. Market behavior
Chart PatternsforexsignalsGBPJPYgbpjpyshortTechnical AnalysisTrend Analysis

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