1H GBPINR 08.03.2020

2020-03-08 20:05:31

FX_IDC:GBPINR
1W and 1D chart interpretation are analysed in linked idea:
Continuation to 1W and 1D charts, 1H chart based trade setup is as follows

Trade Setup:
Time frame : 1H
Position type: Long
Entry: Upon price action retracing to "1H validated uptrend" line
Target 1: Until close below "1H validated uptrend" line in 1H chart
Stop loss: Below the future low at "1H validated uptrend" line.