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
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 93.42; the lower boundary 92.44; the width of the pattern is 99 points. Sell trades are better to be opened below the lower boundary 92.44 with a possible movements towards the 92.29 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade