Trade Setup: EUR/AUD – 26 Sep 2016

http://www.myfxguide.com/trade-setup-euraud-26-sep-2016/

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

Stochastic oversold range at (4). Also confirming divergence at (4) and (5).
Retesting previous resistance at (2)

Signal: BUY
Entry Point: 1.4756
SL: 1.4628 (128 pips) (Lowest low of the 3 candlestick bar of the morning star)
TP: 1.5060 …
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