The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDJPY M5: Double Bottom
Signal strength 1 of 5
NZDJPY M5: Double Bottom
The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 89.13; the resistance level 89.22; the width of the pattern 9 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 10 points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade