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EURNZD: Very Bullish Setup đŸ‡ȘđŸ‡ș🇳🇿

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Euro / NyzeelĂ€ndsk dollar (OANDA:EURNZD)  
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OANDA:EURNZD   Euro / NyzeelĂ€ndsk dollar
Fibonacci Elliott Wave Double Top or Bottom EURNZD euro NZD newzealanddollar priceaction priceactionanalysis priceactiontrading
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fibonacci elliottwaves doubletoporbottom eurnzd euro nzd newzealanddollar priceaction priceactionanalysis priceactiontrading
snapshot

Take a look how perfectly EURNZD has respected the confluence zone based on 786/50 retracements of the last bullish impulse.
The market was nicely rejected and formed a double bottom formation then.

I am currently holding my buy limit order on a retest of a broken neckline of a double bottom.
Initial target will be 1.645.
Stop loss lies below the lows of the pattern.

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