The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDJPY M5: Double Top
Signal strength 1 of 5
NZDJPY M5: Double Top
On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 93.66; the lower boundary 93.58; the width of the pattern 8 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 93.43 level.
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