gbpusd Week 37 Swing zones

Week 37 SZ are set. Two possibilities for the beginning of the week, price action will determine which.
Further calculations based on price action will be done once price breaks SZs.
Note:
SZ - Swing zone
dtp - Dynamic TakeProfit

Note

Price should have touched b before going down.
Missed by few pips
will be looking for buy setup @687

Note

As called. Price bounced off 687
Entry @735. Pinching 20pips
dtp 31433

Note

Entry @735, closed be
Reentry 711, pinching 20 pips.
(Trade Management: Always move SL @ BE when pinched 20pips)

Note

Price did retrace to SZ. As seen in previous weeks, whenever price doesnt reach SZ before swinging a return to said zone is anticipated for a further decline in this case.
However, price has a mind of its own.
Entry @462
SL -10pips
dtp 30687

Note

A conclusion to a week with no reward; all trades closed at breakeven.
Patience is physiology, we go again next week.
Have a restful weekend

PinchPips

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