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HayatoDragonFX

NZDUSD, 4hr tf, buy the double bottom pattern

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
HayatoDragonFX  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Supply and Demand Double Top or Bottom NZDUSD nzdusdlong nzdusdanalysis nzdusdbuy Double Bottom elliottwaveprojection priceaction
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supportandresistance supplyanddemand doubletoporbottom nzdusd nzdusdlong nzdusdanalysis nzdusdbuy doublebottom elliottwaveprojection priceaction
Trade ideas for NZDUSD by Hardi

As you can see the double bottom still valid and has not reached the measured objective just yet.

Previously I took buy position in this pair but it closed out at entry.

We're going to buy again at the same spot.

Buy NZDUSD 0.7030
Stop loss 0.6990
Take profit 0.7120 (2.25R)

Use only 1-2% risk
Good luck
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