The M5 and M15 time frames may have more false entry points.
FX.co ★ AUDCAD M15: Double Top
Signal strength 2 of 5
AUDCAD M15: Double Top
The Double Top reversal pattern has been formed on AUDCAD M15. Characteristics: the upper boundary 0.9120; the lower boundary 0.9113; the width of the pattern is 7 points. Sell trades are better to be opened below the lower boundary 0.9113 with a possible movements towards the 0.9090 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction