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FX.co ★ NZDCAD M5: Triple Top

NZDCAD M5: Triple Top

Triple TopThe Triple Top reversal pattern has formed on the NZDCAD M5 chart. Its upper boundary is at 0.8152/0.8150, its lower boundary is at 0.8138/0.8142, and its current width is 6 points. If the confirmation support at 0.8138 is broken, that width can be used to project the downward move.
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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