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FX.co ★ NZDCAD M5: Double Top

NZDCAD M5: Double Top

Double TopThe Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8164; the lower boundary 0.8142; the width of the pattern is 22 points. Sell trades are better to be opened below the lower boundary 0.8142 with a possible movements towards the 0.8127 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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