The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPUSD M15: Double Top
Signal strength 2 of 5
GBPUSD M15: Double Top
The Double Top reversal pattern has been formed on GBPUSD M15. Characteristics: the upper boundary 1.2457; the lower boundary 1.2422; the width of the pattern is 35 points. Sell trades are better to be opened below the lower boundary 1.2422 with a possible movements towards the 1.2399 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade