Let's keep it simple, As Always!

As of today, GBP/USD has delivered a solid 250-pip move following our analysis shared on October 9th, 2024. Our forecasted move materialized as expected, with the pair continuing its upward momentum after a brief consolidation phase. For those who took the trade, congratulations on securing some solid profits!

Now, the question on everyone's mind is, what's next for GBP/USD? Let’s break down the structure and identify the potential move within the wave.

Keep an eye on price action around these levels for the next wave. A pullback to 1.2300 could offer an entry for the next rally. Stay cautious and wait for confirmation before jumping in.

Let's see how the market unfolds over the coming sessions.

-Zak
Happy Trading! 🔥

עסקה פעילה
Current Positions:

1. Swing Short: An ongoing short position on GBPUSD entered on November 12th. This position may be closed if there's strong upward movement in the pair, otherwise, it will be held.

> Ongoing +187.2 pips

2. Buy: A recent buy position on GBPUSD entered on November 18th.

> Ongoing +30.6 pips

3.Intraday Buy & Sell Stops: Two stop orders were issued at the community group today on GBPUSD, one for a buy and one for a sell. These orders are designed to capitalize on short-term price movements.

Overall, the current strategy involves a mix of swing trading and intraday trading on GBPUSD.
הערה
GBPUSD DXY BXY Hello Swingers, Scalpers & Day Traders!

We’ve found the keys 🔑 to the Bears’ truck and kicked the BULLS out, all thanks to my technical analysis and a bit of the magical instinct I’ve inherited.

Additionally, we've successfully added a few more loads to the swings +280 PIPs and loading, along with the positions we've been holding since last week. (We still remain cautious to expect a reversal or to make add ons) Intraday action has been solid, with scalpers hitting their targets thanks to the increased volatility.

Conquered 250 Pips, What's Next in the Wave?  Swingers!


MINDS: tradingview.com/symbols/TVC-BXY/minds/?mind=x-0dXrT1SCONZjc62If3gg
הערה
GBPUSD Alright! Update Time:

We hit +300 PIPS on the Swim and a few 10s of pips in the intra.
Time based delivery, & I take my trades before time!
Conquered 250 Pips, What's Next in the Wave?  Swingers!


Anyone else caught the news ? if you did and know why you did, you are on the right direction.
הערה
GBPUSD DXY BXY A different visibility! The downtrend is being respected. However, we remain bullish internally until we get to see volume towards the downside. We currently have a risk free shorts on the Swing 1 Day old trade +90 PIPS and intra day shorts.

Conquered 250 Pips, What's Next in the Wave?  Swingers!
ForexFundamental AnalysisGBPUSDTechnical IndicatorslearnsignalsswingtradingtradingTrend Analysis

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