Potential double top in EUR/JPY, sell if the resistance holds

Hello traders, I am observing the 4H chart in EUR/JPY and I have noticed a potential
sell opportunity. This could be a potential double top on the 4H chart.

So, if the resistance zone holds, traders can consider selling EURJPY@164.88-165
with TP at 163.65 Note that, the sell condition will be valid only if the resistance
zone highlighted in the chart remains unbroken.

Anulowano zlecenie:

Price broke through the resistance, order cancelled

Zlecenie aktywne:

Price back in resistance level, sold@165 as per plan

Komentarz:

22 Pips running profit

Komentarz:

45 Pips profit

Komentarz:

Price has consolidated below the resistance, it could fall more

Komentarz:

63 pips profit so far

Komentarz:

EURJPY went as low as 163.89 which translates to 111 pips profit

Komentarz:

Currently around 190 Pips profit from the sell at 165

Komentarz:

255 Pips and counting for those who sold with me@165, current price 162.45