The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPCHF M5: Double Top
Signal strength 1 of 5
GBPCHF M5: Double Top
The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1222 is broken, the downward movement will continue.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade