NZDJPY | Double Bottom

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Initiate Long.

Entry - 71.143
TP1 - 71.733
TP2 - 72.159
TP3 - 72.422
TP4 - 72.686
TP5 - 72.148
SL - 70.952

Reason: Price formed Double Bottom. Also broke resistance trendline.

-Please consider to initiate a position on a confirmed breakout of 61.8% Fib level

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.