WahidMalik

AUDNZD is in bullish confluence

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
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

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