Art_of_Trading
Long

EURGBP: BAT (Great Rirsk/Reward)

FX:EURGBP   Euro / British Pound
On FX:EURGBP             , the price is in consolidation zone for last few days and there is no clear direction of a trend on 1H bars. There is a key zone area at 0.7341, because the price has reacted on that zone already few times; it getting close to that zone and it is more likely that that level would act as support at this case.

In addition, Bat pattern appears which finishes its D leg close to key level (0.7341). This increases probability of this set-up. Also, this trading opportunity has really nice risk reward.
T1. - 38.2%
T.2 - 61.8%
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