Double Top
was formed on 06.05 at 19:35:22 (UTC+0)
signal strength 1 of 5
The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.6004; the lower boundary 0.5995; the width of the pattern is 10 points. Sell trades are better to be opened below the lower boundary 0.5995 with a possible movements towards the 0.5980 level.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength