Trade Setup: AUD/USD – 15 Sep 2016

Trade Setup: AUD/USD – 15 Sep 2016

Candle Stick Pattern: Morning Star at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic oversold range at (2).
Retesting previous resistance at (3)

Signal: BUY
Entry Point: 1.5365
SL: 1.5499 (134 pips) (Nearest support level at (1) & (3))
TP: 1.5110 (255 pips)…
#BollingerBand, #CandleStickPattern, #MorningStar, #Stochastic, #Volume
#TradeSetups

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