After dumping for 4 months straight, it appears that EUR/AUD has formed a bottom around 1.53, reversing from it as we speak.
At the moment, a bullish triangle is starting to form, with the top of the triangle being TP1. Wait for the price to go touch the Entry line before entering the trade.
Entry: 1.555
SL: 1.55
TP1: 1.567
TP2: 1.59