Double bottom Formation (daily/weekly)?

FX:EURNZD   Euro / New Zealand Dollar
142 1 5
Price is closed to low of 2nd of August 2012 , double bottom (circles on chart) ? . If it forms double bottom and there is also a confluence of lower trendline so i think this will be a high probability Long trade . A long trade with 100pips SL is worth trying.
I am a Chart Slave.Thank you TradingView and @nmike.
Yes, it's worth staying short at least down to 1.5.
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