The M5 and M15 time frames may have more false entry points.
FX.co ★ EURGBP M15: Double Top
Signal strength 2 of 5
EURGBP M15: Double Top
On the chart of EURGBP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8643; the lower boundary 0.8631; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8608 level.
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