potential buying opportunity double bottom eurnzd
If market the pulls down into this level I will be looking for divergence on the rsi and for hopefully a evening star pattern or a candle with a long wick doji candle. My stops will go below previous bottom about 10 pips above the wick and a first take profit at 1.59500 and second at 1.60139 area. Reason for second take profit is eurnzd has been trending up for quite a while and will hopefully continue. If you recall I was looking for buying opportunities on this pair last week. If you are more conservative look for 2618.
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