GBPUSD short term Swing (200+ pips)

Apr 19, 2023

Recently, I've come to realize that no matter what your trading strategy is, it works. However, I've identified a problem with my own approach some years back - I needed to put in more effort in practicing patience both on and off the charts. If you're also struggling, I recommend practicing more patience. My personal philosophy in the market is to "let the market come to you." Currently, I have my sights set on this pair, i'll be looking to trade a sell at 1.2500. My analysis suggests it will go down to 1.2300, possibly even 1.2070, before embarking on a thrilling bull run of over 1900 pips. This analysis is a build upon my previous discussions on the pair here, you can check my previous analysis, Trade safe and I'll keep this space updated

Apr 21, 2023

Comment

This fascinating market perspective suggests that there may be a new development on the horizon. Despite remaining within the 1.2470 to 1.2390 range, there is a possibility that the price will dip below. The key aspect to note is that if the price closes below 1.2390, it is likely that a new supply level will emerge at 1.2435. In this case, I intend to take a short position, with a first target of 1.2300 and a maximum stop loss of 20 pips at 1.2455. If the price fails to meet this condition, the initial setup at 1.2500 will remain, and I will keep you updated on any changes

Apr 26, 2023

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Still, following up on this, we're currently 100 pips in profit, We'll be expecting a pullback and hen get on in again, this is the shape of my mind on this