In this model we have several patterns-The first pattern was a Triple Bottom pattern as can be seen in the graph above the price responded accordingly and fell then the price stabilized in the price zone 1.57 now the pound is going out for another round and this time it seems that it will also cross the big resistance in the price area 1.63
The first stop will be at 1.60, if he will cross this resistance then the second station will be 1.63
Buy EUR/AUD:
Entry Price: 1.5945
Stop Loss:1.58
1 Take Profit: 1.60
2 Take Profit: 1.63
The first stop will be at 1.60, if he will cross this resistance then the second station will be 1.63
Buy EUR/AUD:
Entry Price: 1.5945
Stop Loss:1.58
1 Take Profit: 1.60
2 Take Profit: 1.63