audnzd

Why are we entering?
- We are within a descending channel and a descending wedge indicating bullish reversal
- 2 areas. Recent bottom or bigger double bottom
- Expecting NZD Weakness

What are we waiting for to happen?
- Bounce off the recent structure bottom
- Break of WFB for confirmation
- If recent bottom breaks, look for double bottom

What is our confirmation?
- Bounce off one of the levels mentioned
- break of WFB trendline

Entry
SAFE Entry: Bounce of structure and then WFB
Risk Entry: Structure rejection

Once entered, where will our Stoploss be?
- Below the area where price bounces off

Where do we take profits?
- First TP: 1.053
- Second TP: 1.06