The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDCHF M5: Double Top
Signal strength 1 of 5
NZDCHF M5: Double Top
The Double Top pattern has been formed on NZDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6041 is broken, the downward movement will continue.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade