logo

FX.co ★ EURNZD M5: Double Top

EURNZD M5: Double Top

Double TopThe Double Top pattern has formed on the EURNZD M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.9731 is likely to confirm further downward movement.
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