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FX.co ★ NZDJPY M5: Double Top

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Technical Analysis Patterns

2025-10-21T18:06:04
Signal strength 1 of 5

NZDJPY M5: Double Top

Double TopThe Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 87.24; the lower boundary 87.12; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 87.12 with a possible movements towards the 86.97 level.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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