The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDCAD M15: Double Top
Signal strength 2 of 5
NZDCAD M15: Double Top
On the chart of NZDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8246; the lower boundary 0.8237; the width of the pattern 9 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8214 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction