AUDNZD is expected to resume uptrend

AUDNZD is expected to resume uptrend as it has shown bullish divergence on 1H timeframe and has also made a double bottom reversal pattern. Levels have been marked on chart, however a long position on this trade plan seems unfavorable in terms of Risk Reward Ratio as TP11:1 Risk:Reward is placed beyond projected target of the pattern.

I am posting this scenario as I have worked on it but I am not planning to take this specific trade.