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FX.co ★ NZDJPY M15: Double Top

NZDJPY M15: Double Top

Double TopThe Double Top reversal pattern has formed on the NZDJPY M15 chart. Its upper boundary is at 89.95, its lower boundary is at 89.83, and its width is 12 points. A short position may be considered below the lower boundary at 89.83, with a potential target at 89.61.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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