
The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8880; the lower boundary 0.8869; the width of the pattern is 11 points. Sell trades are better to be opened below the lower boundary 0.8869 with a possible movements towards the 0.8854 level.
The M5 and M15 time frames may have more false entry points.