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

10 ส.ค. 2021

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.
  
  

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DR.Swing_Forex