Mon, 12 Nov 2012 13:35:44 GMT
Weekly trade pattern idea
EUR/JPY has formed a Double Top pattern on 1D chart. The pattern has 76% quality and 60% magnitude on in the 78-bar period.Pattern started on 24th of July, 2012, when the pair dipped to 94.12; currently it is trading at 101.02; pattern's support is at 99.65. The Stochastic indicator on 1D horizon and technical indicators on aggregate on 1W horizon