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FX.co ★ NZDCHF M5: Triple Top

NZDCHF M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the NZDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -2, and pattern’s width 6. Forecast If the price breaks through the support level 0.6409, it is likely to move further down to 0.6400.
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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