The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPCHF M15: Double Top
Signal strength 2 of 5
GBPCHF M15: Double Top
On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1436; the lower boundary 1.1423; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.1401 level.
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