FX.co ★ GBPAUD M15: Double Top

GBPAUD M15: Double Top

Double TopOn the chart of GBPAUD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8058; the lower boundary 1.8036; the width of the pattern 22 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.8013 level.
The M5 and M15 time frames may have more false entry points.
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