AUDNZD is in bullish confluence
some confirmation for upside move
1. double bottom - Bullish reversal pattern
2. bullish divergence
Entry - buy stop on neckline
stop loss - below the low of double bottom
Risk reward ratio 1:1 for ist trade and 1:2 for second trade
risk - 1 percent of total portfolio
1. double bottom - Bullish reversal pattern
2. bullish divergence
Entry - buy stop on neckline
stop loss - below the low of double bottom
Risk reward ratio 1:1 for ist trade and 1:2 for second trade
risk - 1 percent of total portfolio
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