Hello everyone, I am Trader Andrea Russo, and today I want to share with you a LONG investment opportunity on GBP/DKK. With the help of the SwipeUP Reversal Radar Multi-Timeframe Alerts indicator, we have managed to identify a setup that deserves attention for its bullish potential.
Here is the Investment Setup:
Entry Price: 8,714
Target Price (TP): 8,818, corresponding to an estimated profit of 1.20%.
Stop Loss (SL): 8,679, corresponding to a risk of 0.40%.
This setup is based on bullish pressure signals, with technical confirmations that show a potential reversal to the upside. The break of the Dynamic Resistance on the 4-hour (4H) chart supports the idea of a possible bullish movement.
As always, I encourage you to check the chart and apply proper risk management to ensure informed trading. Don't forget to use a strategic plan to capitalize on this setup. Happy trading everyone! 📈
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.