currencynerd

breakout of structure + retest.

Panjang
PEPPERSTONE:EURGBP   Euro / Paun British
Price reacted to a MN chart yearly level @ price 0.83068 , this led to price gaining bullish momentum and breaking out of 1D bearish channel inside the bigger 1W channel that price is trading in.

I am long on @ 0.83550 with stops below recent low @ 0.83067 and targets at top of liquidity pool @ 0.85120 giving me a 1:3.2 risk, reward.


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Penafian

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