
The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5658; the lower boundary 1.5651; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 1.5651 with a possible movements towards the 1.5636 level.
The M5 and M15 time frames may have more false entry points.