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Roker1
Nov 3, 2016 9:16 AM

Double Bottom with divergence at daily support Long

Euro Fx/New Zealand DollarFXCM

Description

Hi traders,
this morning i've spotted a chance to get involved with a eurnzd opportunity.
As you can see price has been falling all over yesterday, and today we found a daily structure level that seems to hold. Actually price has formed a nice looking double bottom with rsi divergence and we also put an engulfing candle at the end of it.
This is enough for me to enter the market long, with the first position at 1:1 and the second along with structure analysis.

Hope you enjoy! Don't hesitate to ask if you need

Trade closed: stop reached

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