NZD/USD Double top 15 min
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Double top: Active
Last 0.56079, 6% of the way to target (target is 0.37% from confirmation).
What this tells you
Price is rejected twice at a similar high; a break below the low between them (the neckline) often marks a turn from up to down.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| High | Nov 03, 14:30 | 0.56315 |
| Neckline | Nov 03, 16:30 | 0.56099 |
| High | Nov 03, 21:30 | 0.56311 |
| Confirmation | Nov 04, 03:45 | 0.56092 |
Recently closed Double top patterns: 25 in total, 17 reached the target first (68%), 7 were invalidated and 1 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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