Fri Aug 22 - Back in the Trenches

EURGBP. 4H retraced up to trapped trader highs. I boxed an area of focus which confluenced nicely with a DTL - either should bring in sellers. To the left there was also a gap trapping buy-side traders from the previous session. The 4H looks like a doji but a look at the 15m shows it had already topped and was working its way down. I entered on 15m with a LO at the MAs at about  a 40% retracement. Tgt was +20, SL-10.

15m shows the 2hrs chop before it finally cratered and reached tgt at the obvious zone I chose from the lower left.

Summary: 1W for 2R