The M5 and M15 time frames may have more false entry points.
FX.co ★ AUDJPY M5: Double Top
Signal strength 1 of 5
AUDJPY M5: Double Top
The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 98.02; the lower boundary 97.71; the width of the pattern is 29 points. Sell trades are better to be opened below the lower boundary 97.71 with a possible movements towards the 97.56 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade