Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
GBPJPY(1Hour): BUY/SELL???
British Pound / Japanese Yen
Long
GBPJPY(1Hour): BUY/SELL???
By DrSwing_Forex
Follow
Follow
Aug 12, 2021
2
Aug 12, 2021
Reward:
328.2 pips🤑
Risk:
32 pips ❌
Risk/Reward Ratio:
10.27 âś…
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.
Please like if you agree with this idea and follow for access to more of my ideas.
DR.Swing_Forex
Support and Resistance
Trend Analysis
Trend Lines
DrSwing_Forex
Follow
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
.