The M5 and M15 time frames may have more false entry points.
FX.co ★ EURCAD M5: Double Top
Signal strength 1 of 5
EURCAD M5: Double Top
The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.4021; the lower boundary 1.3960; the width of the pattern is 60 points. Sell trades are better to be opened below the lower boundary 1.3960 with a possible movements towards the 1.3945 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade