logo

FX.co ★ #MA M5: Double Top

#MA M5: Double Top

Double TopThe Double Top reversal pattern has been formed on #MA M5. Characteristics: the upper boundary 532.21; the lower boundary 529.75; the width of the pattern is 236 points. Sell trades are better to be opened below the lower boundary 529.75 with a possible movements towards the 529.60 level.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph