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FX.co ★ GBPAUD M5: Double Top

GBPAUD M5: Double Top

Double TopThe Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0008; the lower boundary 1.9984; the width of the pattern is 26 points. Sell trades are better to be opened below the lower boundary 1.9984 with a possible movements towards the 1.9969 level.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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