GBPJPY(1Hour): BUY/SELL???

١٢ أغسطس ٢٠٢١

Reward: 328.2 pips🤑
Risk: 32 pips ❌
Risk/Reward Ratio: 10.27 ✅

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.
  

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DR.Swing_Forex