EURGBP has accelerated today off the back of a stronger euro and a weak pound. Price is now overextended above the upper BB band and has given us this shooting star before closing back just above the 0.236 level.
I would like a better R:R than this current setup, but the 4 touch resistance is likely to act as strong support.
See entry and exits on the chart. Stop above the high, exit at nearest support.
Happy trading:) follow for more
Trade closed: target reached:
There might be 2 pips in that TP hahahaha