SergeantPringles
Long

NZDJPY - 15m - Double Bottom Retest inside consolidation

FX:NZDJPY   New Zealand Dollar/Japanese Yen
30 0 4
First of: I know i mixed up support and resistance on the chart. but i did want to get the chart out as quickly as possible.

Setup is pretty straight forward. We are sitting at a retest zone of the doublebottom neckline which also was strong support prior to that. A retest of the upper line of the current correction (blue dash) will already provide us with a nice 1.5:1. i will take 2/3 off there while with 1/3 i will hope for a break above and another potential impulse, which then might bring us all the way into the 78-79 area.
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