The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPAUD M5: Double Top
Signal strength 1 of 5
GBPAUD M5: Double Top
The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 1.9956; the lower boundary 1.9943; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 1.9943 with a possible movements towards the 1.9928 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction