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Double Top
was formed on 20.06 at 06:35:25 (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 1.5788; the lower boundary 1.5779; the width of the pattern is 10 points. Sell trades are better to be opened below the lower boundary 1.5779 with a possible movements towards the 1.5764 level.

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

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