DrSwing_Forex

GBPNZD (1HOUR): Will we end the week on a bullish note???

Long
OANDA:GBPNZD   British Pound / New Zealand Dollar
Reward: 195 pips 🤑
Risk: 30 pips ❌
Risk/Reward Ratio:6. 05

Chart Breakdown
  • Daily Timeframe
    Uptrend in place.
    We have no trendline setups on this timeframe except two touches
    of an uptrend trendline.

  • 4Hour Timeframe
    Uptrend in place.
    3rd touch sell setup on downward trendline.

  • 1Hour Timeframe
    Uptrend in place.
    I'm anticipating a break and re-test setup that will give us a reason to enter buys as
    a result of price testing the uptrend trendline and re-testing the downward trendline.


Please like if you agree with the idea and follow me in order to gain access to more of my ideas.

DR .Swing_Forex