logo

FX.co ★ #NTDOY M15: Double Top

#NTDOY M15: Double Top

Double TopOn the chart of #NTDOY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 19.75; the lower boundary 19.57; the width of the pattern 18 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 19.34 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
Go to the patterns list Go to graph