
The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.1400; the lower boundary 1.1392; the width of the pattern is 8 points. Sell trades are better to be opened below the lower boundary 1.1392 with a possible movements towards the 1.1377 level.
The M5 and M15 time frames may have more false entry points.