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FX.co ★ #MA M15: Double Top

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Technical Analysis Patterns

27 December 2024 at 3:30PM (UTC+0)
Signal strength 2 of 5

#MA M15: Double Top

Double TopThe Double Top reversal pattern has been formed on #MA M15. Characteristics: the upper boundary 537.65; the lower boundary 533.68; the width of the pattern is 395 points. Sell trades are better to be opened below the lower boundary 533.68 with a possible movements towards the 533.46 level.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by #MA