Risk/Reward Ratio: 10.94 âś…
Chart Breakdown
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DR.Swing_Forex
Chart Breakdown
- Daily Timeframe
Uptrend in place.
Despite the uptrend we also have a break and re-test of the uptrend trendline formed on this timeframe, making this timeframe bearish. - 4Hour Timeframe
We still in an uptrend on this timeframe. - 1Hour Timeframe
We have a strong downtrend on this timeframe.
I'm anticipating a 4th touch sell setup on the downtrend trendline.
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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.