Here Is My 4H EUR/NZD Chart And I See that we have a Fake breakout and then the price created a clear reversal pattern ( double bottom ) and also confirmed by closing above our neckline with amazing bullish candle and also breakout confirmed as mentioned on the chart, we can enter a buy trade now to continue the new up trend that we entered last week , so we can enter now and we can targeting from 70:120 pips in this trade and we can using a decent stop loss , also if the price go deeper to the low for the pattern we can add another buy entry but i prefer if the price stay above our neckline to still have a good confirmation , if we have a daily closure below the low for the pattern , this idea will not be valid anymore .

Entry Reasons :

- Clear Reversal Pattern
- Bullish Price Action
- Over Bought
- Clear Breakout