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Forex · chart pattern
Double top on USD/JPY
On USD/JPY the double top showed up 21 times. The target came first 19% of the time, the stop 76%, and 5% went nowhere within 12 candles.
Counted on USD/JPY: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 3 | 67% | 33% | 0% |
| Hourly | 18 | 11% | 83% | 6% |
USD/JPY against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| USD/JPY | 21 | 19% | 76% | 5% |
| All Forex charts | 330 | 29% | 66% | 5% |
| Every market | 4,641 | 38% | 55% | 7% |
The last 8 times
- 11 Sep 2026, 12:00 UTC · hourly · stop first after 5 candles
- 27 Apr 2026, 01:00 UTC · hourly · went nowhere
- 24 Apr 2026, 15:00 UTC · hourly · stop first after 6 candles
- 24 Apr 2026, 11:00 UTC · hourly · stop first after 1 candle
- 6 Apr 2026, 12:00 UTC · hourly · stop first after 2 candles
- 6 Apr 2026, 07:00 UTC · hourly · stop first after 3 candles
- 21 Jan 2026, 12:00 UTC · hourly · stop first after 2 candles
- 13 Nov 2025, 14:00 UTC · hourly · stop first after 9 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the double top is
Two peaks at the same height, then a break below the dip between them.
Imagine climbing a wall, slipping back, then reaching the same spot again before sliding down even further. A double top looks like the letter M: two peaks at the same height with a dip between them. When price falls below that dip, the M is complete.
The full double top lesson, video and quiz ›
Other patterns on USD/JPY
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The double top elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · NZD/USD · EUR/GBP · AUD/USD · Ethereum · Bitcoin
Questions
How often does the double top work on USD/JPY?
In 21 cases on USD/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 19% of the time and the stop came first 76%; 5% went nowhere within 12 candles.
What is the double top?
Two peaks at the same height, then a break below the dip between them.