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Double Top
was formed on 20.05 at 17:11:30 (UTC+0)
signal strength 1 of 5

Double Top GBPUSD M5

The Double Top reversal pattern has been formed on GBPUSD M5. Characteristics: the upper boundary 1.3373; the lower boundary 1.3361; the width of the pattern is 11 points. Sell trades are better to be opened below the lower boundary 1.3361 with a possible movements towards the 1.3346 level.

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

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Instrument
Timeframe
Trend
Signal Strength
 
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