logo

FX.co ★ NZDJPY M5: Double Top

NZDJPY M5: Double Top

Double TopThe Double Top reversal pattern has formed on the NZDJPY M5 chart. Its upper boundary is at 93.11, its lower boundary is at 93.04, and its width is 7 points. A break below the lower boundary is likely to confirm further downward movement toward 92.89.
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
Go to the patterns list Go to graph