GBPJPY(1Hour): BUY/SELL???
Reward: 328.2 pips🤑
Risk: 32 pips ❌
Risk/Reward Ratio: 10.27 ✅
Entry Reasons (1Hour Timeframe)
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DR.Swing_Forex
Risk: 32 pips ❌
Risk/Reward Ratio: 10.27 ✅
Entry Reasons (1Hour Timeframe)
- Price will be making a 3rd touch of the upward trendline.
- Price will also be testing a support level which makes this setup have a lot of confluence.
- Despite being in a downtrend, price breached the previous LH and this is a sign of a potential trend change from downtrend to uptrend.
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DR.Swing_Forex
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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.