The M5 and M15 time frames may have more false entry points.
FX.co ★ #PEP M5: Double Top
Signal strength 1 of 5
#PEP M5: Double Top
The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 165.80; the lower boundary 165.54; the width of the pattern is 26 points. Sell trades are better to be opened below the lower boundary 165.54 with a possible movements towards the 165.39 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction