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.
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Here we go. Entry @ 28445. SL 10-15pips
Pinching +10pips
snapshot
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Pinching +30pips.
Move SL to BE
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Pinching +40pips.
Move SL to +10pips
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Pinching +50pips.
Move SL to +20pips
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Pinching +60pips.
Move SL to +30pips
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Trade closed.
Pinched +30pips.
Will look for a double top at upper swing zone
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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
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Entry @775
SL 10-15pips
Trade stängt: Stopp nått
SL @-10pips
2 Trades: +30/-10
Pinching 20pips for the week
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Entry @9458
SL 10-15pips
Pinching +30pips
snapshot
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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
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Pinching +40pips
Move SL +10pips
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SL hit @+10pips
3 Trades: +30/-10/+10
Looking for double top @ Thursday's high
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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.
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Entry @9745
SL 10-15pips
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Tight stops.
Move SL to -5pips
iTP +30pips
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Its a wrap for Week 28
4 Trades: +25pips
Week 29 next
Have a good weekend
gbpusd_forecastpivot_pointsPivot Pointssupply_and_demandSupply and Demandsupport-and-resistanceSupport and Resistanceswinghighlowswingtrading

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