The M5 and M15 time frames may have more false entry points.
FX.co ★ USDCAD M5: Double Top
Signal strength 1 of 5
USDCAD M5: Double Top
On the chart of USDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3681; the lower boundary 1.3675; the width of the pattern 6 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3660 level.
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