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British Pound / U.S. Dollar
Short
Updated

GBPUSD Week 7 Swing Zone/Level

109
Week 7 SZL (Swing zone/level) calculated and updated on chart
As always price action determines trades
Trade active
Price gaped down, closed the gap and seems to have finally settled.
Buy Entry @504
Sl -10pips
snapshot
Trade closed: stop reached
Buy Reentry @401
Sl -10pips
snapshot
Note
Price pinching +40pips
Move Sl to +10pips
Note
Price pinching +80pips
Move Sl +25pips
Note
Price closed for 150pips
2 trades: -10/+150 = 140pp
Trade less win more
Have a good rest of the week and a restful weekend
snapshot
PinchPips
Candlestick AnalysiscurrencyForexGBPUSDMultiple Time Frame AnalysisSupport and Resistancesupportandresitanceswingtradingweeklymarketsanalysis

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Candlestick AnalysiscurrencyForexGBPUSDMultiple Time Frame AnalysisSupport and Resistancesupportandresitanceswingtradingweeklymarketsanalysis
PinchPips

Related publications

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.