Simple Flag In EURGBP Offering A Good Risk To Reward Ratio
We've been sitting in congestion during Asian session and now we're heading into European session.
A textbook flag is forming during the consolidation that if breaks to the upside has a chance of getting as high as 0.71 handle because of the Flag Pole Projection target.
Remember: even (often) textbook formations and patterns fail, so keep the position size reasonable. Have fun.
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