The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDUSD M5: Double Top
Signal strength 1 of 5
NZDUSD M5: Double Top
The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.5627; the lower boundary 0.5608; the width of the pattern is 20 points. Sell trades are better to be opened below the lower boundary 0.5608 with a possible movements towards the 0.5593 level.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction