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The808Trader

EUR to do the Pounding? Ichimoku EUR/GBP Trade Idea

Long
Euro / British Pound (FX:EURGBP)  
The808Trader  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators EURGBP eurgbplong Bullish Patterns ichimokukinkohyo ichimokuforex ichimokuchart ichimmoku the808trader
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trendanalysis chartpattern indicator eurgbp eurgbplong bullish ichimokukinkohyo ichimokuforex ichimokuchart ichimmoku the808trader
This pair has been on a nice bullish run lately and we are now looking for this strong support level to hold. I am looking to enter a kijun bounce trade here which will allow us to keep a pretty tight stop loss and a nice risk reward ratio. I am targeting the previous candle stick body close as my take profit point. If we break below kijun or our bullish confirmations change to bearish, this setup may become invalidated. 
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