I think the EURGBP has some downside here, I would like to at least get a retest of the shown trend line on the chart to begin with. At this point Ill watch for a break back down or a bullish candle closing above the trend line. Provided we break back down under the TL I will aim for 2nd listed target on chart. If we get a nice bullish candle off the TL I will consider longs with a tight stop under the bullish signal candle.
Comment:
Went ahead and stayed in this trade, moved my stop above the last high, just as my GA is below the last low.
Comment:
moving slow, retested though so the bear side does not look amazing. But will hold position until stopped.
Trade closed: target reached
