EURGBP (L) 2017.01.09

Updated
This is 2nd position entry. Bullish high base setup, trading over 20&50SMA on daily and weekly. 70 pip SL, 140 pip TGT for .88405. Currently have SL set for 125 pips on 1st position.
Trade closed: stop reached
Stopped out for 15 pips at .87115, tightened stop overnight since I already exceeded target on my 1st position (140 pip target, 165 pips closed).
Bullish PatternsEURGBPForexfxhighbasehighprobabilityrelativestrength

Disclaimer