The M5 and M15 time frames may have more false entry points.
FX.co ★ USDCHF M15: Double Top
Signal strength 2 of 5
USDCHF M15: Double Top
On the chart of USDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9567; the lower boundary 0.9550; the width of the pattern 17 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9528 level.
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