On the chart of NZDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8066; the lower boundary 0.8051; the width of the pattern 15 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8011 level. FX.co ★ NZDCAD H1: Double Top
Signal strength 4 of 5
NZDCAD H1: Double Top
On the chart of NZDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8066; the lower boundary 0.8051; the width of the pattern 15 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8011 level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade