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Double Top
was formed on 01.05 at 09:05:06 (UTC+0)
signal strength 1 of 5

Double Top EURCAD M5

The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5608; the lower boundary 1.5580; the width of the pattern is 27 points. Sell trades are better to be opened below the lower boundary 1.5580 with a possible movements towards the 1.5565 level.

The M5 and M15 time frames may have more false entry points.

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