Risk/Reward Ratio: 10.94 â
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