EURGBP 30 m Channel pull back then break long

Pair is making new highs so my bias is long. It bounced back into the channel so I think it will pull back to either pull back zone around center line of channel. Macd is over sold. Then I think it will go long, break the channel top, hook back to the channel trendline and go long. My TP is a previous resistance level and is also a 50 # @.8950. SL below swing low. You could take 1/2 of your position @.8898 and then re-enter from .8905 to .8910.
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Comment:

re-enter from .8905 to .8949