The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDJPY M5: Double Top
Signal strength 1 of 5
NZDJPY M5: Double Top
The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 91.78 is broken, the downward movement will continue.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade