euro is still trading extensively bullish against the pound, picked an area of retracement region which price tapped, where a new leg could be formed and move right into TP targets and higher.
risk/reward ratio is 1:1.6
price is extremely volatile and therefore rapid price action may occur before I can post the trade, however, the price has rejected the trendline+ key fib level... therefore price could extend the 2.0400 to create a lower high and a right shoulder.
-trade safe!
-great 1:2 risk/reward ratio
