NZDUSD Double Bottom, RSI Divergence, Fib Confluence
NZDUSD has formed a nice double bottom. I will look to open a long position at the .382 to .5 fib retracement of the current impulse leg, and my take profit will be at the 1.272 extension of that same leg, an area which has confluence with the .382 retracement and structure looking left. Goodluck!
Trade active
Trade closed: stop reached:
CPI....