The M5 and M15 time frames may have more false entry points.
FX.co ★ #MA M5: Double Top
Signal strength 1 of 5
#MA M5: Double Top
On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 522.43; the lower boundary 518.81; the width of the pattern 362 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 518.66 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction