EUR to do the Pounding? Ichimoku EUR/GBP Trade Idea
This pair has been on a nice bullish run lately and we are now looking for this strong support level to hold. I am looking to enter a kijun bounce trade here which will allow us to keep a pretty tight stop loss and a nice risk reward ratio. I am targeting the previous candle stick body close as my take profit point. If we break below kijun or our bullish confirmations change to bearish, this setup may become invalidated.