The M5 and M15 time frames may have more false entry points.
FX.co ★ USDCAD M15: Double Top
Signal strength 2 of 5
USDCAD M15: Double Top
The Double Top reversal pattern has been formed on USDCAD M15. Characteristics: the upper boundary 1.4330; the lower boundary 1.4316; the width of the pattern is 15 points. Sell trades are better to be opened below the lower boundary 1.4316 with a possible movements towards the 1.4294 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction