All cargo formed a round bottom with depth of 45 pts from neckline to the bottom in 7 months with the formation being complete at 200.45 . A tgt of 245 can be seen in mid term with entry points being above 200 on closing basis and stoploss below the low of the breakout candle
Rounded Bottom pattern formation on EURUSD and it will break on upside.
Trade:
Buy above - 1.15315
Target 1 - 1.19027
Target 2 - 1.22900
Stop Loss - 1.09915
