usera9
Long

Light buy opportunity for aggressive traders

FX:EURGBP   Euro Fx/British Pound
25 0 0
For risk taker "only"

PROS
+3rd bull candle patter confirming supp
+stoch bull divergence

CONS
- not so attractive R:R in the near term
- inside bear channel
- stop under weak support is risky; should be placed under lower light blue rectangle
- considering a bigger perspective, the probabilities for a retesting of a lower box range area are quite high
- rising dotted TL is now acting as res, in confluence with 38 fib level