The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDUSD M15: Double Top
Signal strength 2 of 5
NZDUSD M15: Double Top
The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5959 is broken, the downward movement will continue.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade