Get started
British Pound / U.S. Dollar
Short
Updated

GBPUSD Week 5 Swing Zone & Level

120
Welcome back traders.
Swing zone and levels are set in, with predicted path.
As always price action determines trades
Trade active
Price break and bouncing off 24630: Sell entry @619
SL -15pips
dtp 421
snapshot
Trade closed manually
Entry @ 619 closed @ BE
Reentry @992
SL -10pips
snapshot
Note
Entry @992 closed -10pips
2 trades: 0/-10 = -10pips
Sell Reentry rahi_048
SL -10pips
snapshot
Note
Entry 048 closed SL
3 trades:0/-10-10 = -20pips
Sell reentry @135
SL -10pips
snapshot
Note
Price pinching +70pips
Move Sl +30pips
Note
Price pinching +80pips
Move Sl +40pips
Note
Price pinching +90pips
Move SL +50pips
Note
Great trade, Price closed SWing zone for +110pips
4 trades: 0/-10-10/+110 = +90pp
Buy entry 003
SL -15pips
snapshot
Note
Price pinching +40pips
Move Sl to BE
Note
Entry 003 closed at BE
Buy reentry at 937
Currently pinching +20pips
snapshot
Note
Trade entry 937 pinched +70pips.
Trade was closed at +20pips on the retrace.
Good week
6 trades: 0/-10/-10/+110/0/+20 = +110pips
Have a restful weekend
PinchPips
Candlestick AnalysiscurrencyForexGBPUSDMultiple Time Frame AnalysisSupport and Resistancesupportandresitanceswingtrading

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.
Candlestick AnalysiscurrencyForexGBPUSDMultiple Time Frame AnalysisSupport and Resistancesupportandresitanceswingtrading
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.