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aadeojo

Correction of Uptrend, Cheap buy opportunity

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
aadeojo  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Forex Double Bottom
2
0
trendanalysis chartpattern forex doublebottom
Negative test of Fib .618 level
Looking for an Entry around the retest of the .382 Level
RSI(5) is nice and cozy on the daily chart around 50, not oversold or overbought
Also a double bottom formation as well.
this is looking to be a low-risk high reward set up

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aadeojo
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