The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPUSD M5: Double Bottom
Signal strength 1 of 5
GBPUSD M5: Double Bottom
The Double Bottom pattern has been formed on GBPUSD M5. Characteristics: the support level 1.4141; the resistance level 1.4164; the width of the pattern 23 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 23 points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade