The M5 and M15 time frames may have more false entry points.
FX.co ★ EURNZD M15: Double Bottom
Signal strength 2 of 5
EURNZD M15: Double Bottom
The Double Bottom pattern has been formed on EURNZD M15. Characteristics: the support level 1.7918; the resistance level 1.7952; the width of the pattern 34 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 34 points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade