The M5 and M15 time frames may have more false entry points.
FX.co ★ USDCHF M5: Double Top
Signal strength 1 of 5
USDCHF M5: Double Top
The Double Top reversal pattern has been formed on USDCHF M5. Characteristics: the upper boundary 0.9547; the lower boundary 0.9515; the width of the pattern is 33 points. Sell trades are better to be opened below the lower boundary 0.9515 with a possible movements towards the 0.9500 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade