The M5 and M15 time frames may have more false entry points.
FX.co ★ AUDJPY M5: Double Top
Signal strength 1 of 5
AUDJPY M5: Double Top
The Double Top reversal pattern has been formed on AUDJPY M5. Characteristics: the upper boundary 80.42; the lower boundary 80.34; the width of the pattern is 8 points. Sell trades are better to be opened below the lower boundary 80.34 with a possible movements towards the 80.19 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade