GBPUSD (1Hour): Break and re-test setup✔
Reward:336 pips 🤑
Risk:34 ❌
Risk/Reward Ratio:10.1✅
Chart Breakdown
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DR.Swing_Forex
Risk:34 ❌
Risk/Reward Ratio:10.1✅
Chart Breakdown
- Daily Timeframe
Uptrend in place
3rd touch of downward trendline - 4Hour Timeframe
Uptrend in place
3rd touch buy setup on uptrend trendline - 1Hour Timeframe
Downtrend in place
In order to trade with the trend, I'm anticipating price to retest the broken upward
trendline in order to give us a bearish setup that's in line with the trend.
Please like if you agree with the idea and follow for access to more of my ideas.
DR.Swing_Forex
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