EURGBP - Longsetup #RRR 1:4 (min) #RRR 1:10 (max)

Dear Traders,

today I analyze the EURGBP on the 1 hour chart. Based on the reducing volumes on the the last candles, the touching the bottom support line and developing a pin bar I expect a increasing direction upside.

I tried to draw the development of priceaction near the local HVN (high volume nodes => orange line boxes).

Moreover, the minimum RiskReturnRatio would be 1:4 - and the maximal RiskReturnRatio would be 1:10.

Kind regards

NXT2017
Chart PatternsDouble Top or BottomEURGBPlongsetupPin BarsupportTrend AnalysisTrend Lines

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