Markets › NZD/USD › Double top
Forex · chart pattern
Double top on NZD/USD
On NZD/USD the double top showed up 44 times. The target came first 41% of the time, the stop 57%, and 2% went nowhere within 12 candles.
Counted on NZD/USD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 11 | 27% | 64% | 9% |
| Hourly | 33 | 45% | 55% | 0% |
NZD/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| NZD/USD | 44 | 41% | 57% | 2% |
| All Forex charts | 330 | 29% | 66% | 5% |
| Every market | 4,641 | 38% | 55% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 3 | 67% | 33% |
| 2024 | 7 | 57% | 43% |
| 2025 | 16 | 31% | 69% |
| 2026 | 12 | 58% | 42% |
The last 8 times
- 27 Sep 2026, 23:00 UTC · hourly · stop first after 1 candle
- 17 Sep 2026, 00:00 UTC · hourly · stop first after 3 candles
- 16 Sep 2026, 18:00 UTC · hourly · stop first after 1 candle
- 12 Aug 2026, 21:00 UTC · hourly · target first after 6 candles
- 28 May 2026, 10:00 UTC · hourly · stop first after 2 candles
- 14 May 2026, 13:00 UTC · hourly · stop first after 1 candle
- 13 May 2026, 07:00 UTC · hourly · target first after 5 candles
- 4 May 2026, 13:00 UTC · hourly · target first after 2 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the double top is
Two peaks at the same height, then a break below the dip between them.
Imagine climbing a wall, slipping back, then reaching the same spot again before sliding down even further. A double top looks like the letter M: two peaks at the same height with a dip between them. When price falls below that dip, the M is complete.
The full double top lesson, video and quiz ›
Other patterns on NZD/USD
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI oversold bounce · all of them
The double top elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · EUR/GBP · AUD/USD · Ethereum · Bitcoin
Questions
How often does the double top work on NZD/USD?
In 44 cases on NZD/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 57%; 2% went nowhere within 12 candles.
What is the double top?
Two peaks at the same height, then a break below the dip between them.