The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDUSD M15: Double Top
Signal strength 2 of 5
NZDUSD M15: Double Top
The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.5657; the lower boundary 0.5645; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 0.5645 with a possible movements towards the 0.5623 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction