The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPJPY M15: Double Top
Signal strength 2 of 5
GBPJPY M15: Double Top
The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 189.90; the lower boundary 189.67; the width of the pattern is 23 points. Sell trades are better to be opened below the lower boundary 189.67 with a possible movements towards the 189.45 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade