The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPAUD M15: Double Top
Signal strength 2 of 5
GBPAUD M15: Double Top
The Double Top reversal pattern has been formed on GBPAUD M15. Characteristics: the upper boundary 2.0066; the lower boundary 2.0050; the width of the pattern is 14 points. Sell trades are better to be opened below the lower boundary 2.0050 with a possible movements towards the 2.0027 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction