logo

FX.co ★ #MA M5: Double Top

#MA M5: Double Top

Double TopThe Double Top reversal pattern has formed on the #MA M5 chart. Its upper boundary is at 553.66, its lower boundary is at 551.72, and its width is 210 points. A short position may be considered below the lower boundary at 551.72, with a potential target at 551.57.
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