The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPJPY M5: Double Top
Signal strength 1 of 5
GBPJPY M5: Double Top
The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 194.44; the lower boundary 194.21; the width of the pattern is 24 points. Sell trades are better to be opened below the lower boundary 194.21 with a possible movements towards the 194.06 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction