The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPJPY M5: Double Top
Signal strength 1 of 5
GBPJPY M5: Double Top
The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 190.87; the lower boundary 190.71; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 190.71 with a possible movements towards the 190.56 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade