GBPUSD Week 28 Swing Zones

7 juil.

Week 27 saw a good bounce on calculated levels for Pinchpips of +142pips.
Week 28 levels are set as indicated: looking for bounce on the 5mins chart
SL remains at 10-15 pips.

8 juil.

Note

Here we go. Entry @ 28445. SL 10-15pips
Pinching +10pips

8 juil.

Note

Pinching +30pips.
Move SL to BE

9 juil.

Note

Pinching +40pips.
Move SL to +10pips

9 juil.

Note

Pinching +50pips.
Move SL to +20pips

9 juil.

Note

Pinching +60pips.
Move SL to +30pips

10 juil.

Note

Trade closed.
Pinched +30pips.
Will look for a double top at upper swing zone

11 juil.

Note

Double top formed at Swingzone, however no entry as market nears close of business. Usually double top should form on next day during high volume periods.
Consequently will be looking for sell setup around 28700

11 juil.

Note

Entry @775
SL 10-15pips

11 juil.

Trade fermée: ordre d’arrêt atteint

SL @-10pips
2 Trades: +30/-10
Pinching 20pips for the week

11 juil.

Note

Entry @9458
SL 10-15pips
Pinching +30pips

11 juil.

Note

iTP(Initial TP) is usually calculated as price moves in our direction.
For the current trade, Tuesday's Low is a starting point.
There's a zone that wasnt filled.
Might not happen today, but the US PPI news tomorrow might be that push
Move SL to BE

11 juil.

Note

Pinching +40pips
Move SL +10pips

12 juil.

Note

SL hit @+10pips
3 Trades: +30/-10/+10
Looking for double top @ Thursday's high

12 juil.

Note

Price break past Thursday's high.
We are at the 700's zone once again for sell setup and possibly final trade for the week.

12 juil.

Note

Entry @9745
SL 10-15pips

12 juil.

Note

Tight stops.
Move SL to -5pips
iTP +30pips

12 juil.

Note

Its a wrap for Week 28
4 Trades: +25pips
Week 29 next
Have a good weekend