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Double Top
was formed on 08.04 at 13:15:17 (UTC+0)
signal strength 1 of 5

Double Top USDCAD M5

The Double Top reversal pattern has been formed on USDCAD M5. Characteristics: the upper boundary 1.4201; the lower boundary 1.4189; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 1.4189 with a possible movements towards the 1.4174 level.

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

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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