The M5 and M15 time frames may have more false entry points.
FX.co ★ AUDUSD M5: Double Top
Signal strength 1 of 5
AUDUSD M5: Double Top
The Double Top reversal pattern has been formed on AUDUSD M5. Characteristics: the upper boundary 0.6340; the lower boundary 0.6337; the width of the pattern is 3 points. Sell trades are better to be opened below the lower boundary 0.6337 with a possible movements towards the 0.6322 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction