The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPAUD M5: Double Top
Signal strength 1 of 5
GBPAUD M5: Double Top
On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9132; the lower boundary 1.9122; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.9107 level.
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