GBP/NZD (1 Hour): High Probability setup
Hello pip hunters, please take a minute to view my idea on GBPNZD.
Reward:396 pips🤑
Risk: 35 pips (to avoid premature stop loss)❌
Risk Reward Ratio:11.66 ✅
Chart Breakdown:
Please follow for more quality ideas!!!👍
Please like and comment if you agree with the idea
DR.Swing_Forex
Reward:396 pips🤑
Risk: 35 pips (to avoid premature stop loss)❌
Risk Reward Ratio:11.66 ✅
Chart Breakdown:
- 4 Hour:A sell setup is currently playing out on the 4 hour chart which is an additional reason why I'm anticipating a breakout on the 1 hour chart
- 1 Hour: Price formed a buy setup oin the uptrend trendline but is now rejecting a minor resistance level and also formed a bearish harami at this resistance level, giving us enough reason to sell this pair
Please follow for more quality ideas!!!👍
Please like and comment if you agree with the idea
DR.Swing_Forex
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.