The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDCAD M5: Double Top
Signal strength 1 of 5
NZDCAD M5: Double Top
On the chart of NZDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8236; the lower boundary 0.8215; the width of the pattern 21 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8200 level.
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