Double Top
was formed on 12.05 at 18:30:24 (UTC+0)
signal strength 1 of 5
On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8959; the lower boundary 1.8924; the width of the pattern 35 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.8909 level.
The M5 and M15 time frames may have more false entry points.