British Pound / U.S. Dollar
Short
Updated

GBPUSD Week 6 Swing Zone/Level

86
Great trading last week.
Week 6 levels are set in.
Note:
Sl - Stoploss
dtp - dynamic takeprofit, means trade is closed if price bounces from level or left running if price breaks past level.
Trade active
Huge gap down. will be looking for price to fill it up.
Entry 769
Sl -15pips
dtp 3350
snapshot
Trade closed manually
Entry 769 closed BE
Buy reentry 546
sl -10pips
dtp 3350
snapshot
Note
Trade pinching +60pips
Move Sl +10pips
Note
Price breaking past level 3350
currently pinching +90pips
Move Sl +25pips
Note
Price pinching +100pips
Move Sl +40pips
dtp at upper SZ, 4271
Note
Fire momentum!!!
dtp hit.
Trade closed for 170pips
2 trades: 0/+170
Will be looking for reversal at SZ
Note
Entry at 295 pinching +40pips
Sl already at BE
snapshot
Note
Entry 295 closed BE
Sell reentry 238
sl -10pips
snapshot
Note
Entry 238 closed BE
Sell reentry 195
sl -15pips
snapshot
Note
Entry 195 closed at SL
5 trades: 0/+170/0/0/-15 = 155
Sell reentry 242
Sl -15pips
snapshot
Note
Entry 242 closed BE
No momentum to downside for now, will be looking for such at 4907. Stay tunned
snapshot
Note
As predicted, price bouncing off 907
Entry 868
SL -15pips
snapshot
Note
Entry 868 closed BE
7 trades: 0/+170/0/0/-15/0/0
Total 155pips pinched.
Have a restful weekend

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.