GBPUSD Live Week 50 Swing Zones
Updated
Week 49 was a blast.
Week 50 SZ is calculated and excepted price path highlighted
As always Price action determines trades.
Week 50 SZ is calculated and excepted price path highlighted
As always Price action determines trades.
Trade active
First trade @ 468, pinching +20pips
Price failed to form a bounce @27236
Will be looking for bounce at lower SZ
Move SL to BE
Trade closed: target reached
Entry @ 468 closed for BE.
Missed the leg up, due to false break of 236 support.
Sell entry @ upper Sz for 955.
Sl -10pips
Note
Price pinching 30pips
MOve Sl to BE
Note
Price pinching 50pips
Move Sl to +20pips
Note
Trade closed manually for 40pips.
Will be looking for double top @ upper SZ
2 trades: 0/+40
Note
Not much pips compared to last week.
Price did move in the predicted trend downwards.
40 pips pinched.
Have a good weekend
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