AU is in a medium term up trend.
Chart below:
There is a double bottom formation and price has broken up through the averages.
I am looking for a long position as detailed below.
Levels and Chart below.
1st Entry: 0.9380
2nd Entry: 0.9360Averaged entry: 0.9370
Stop Loss: 0.9330
1st Target: 0.9570
2nd Target: 0.9700
I will update again should the position be opened.
No comments:
Post a Comment