FX:AUDNZD   Australian Dollar / New Zealand Dollar
Hi traders,
this setup is similar to the USDJPY's one. We are testing a resistance level (blue line) and we created a double bottom with rsi divergence and then we broke that to the upside, giving us reason to believe in a change of trend.
So we wait for a . 618 retracement of the impulse leg that broke the double bottom and then we buy the market.
First target at the retest, with roughly a 1:1 RR, and second target for a bigger move to the upside.

If you have any comment, please do underneath.
Otherwise, see you in the next chart!
Trade active
Trade closed: target reached: First target hit, moved stop to break even
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw


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