benalistarfx

Potential Crab Forming 🦀

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD - Potential Crab Forming up to strong supply zone , HUGE imbalances left over from the last week of November and currently price is creating a small ascending channel and is at a good level of confluence for a pullback to build more liquidity playing from the DL to then break highs and continue the bullish weekly momentum!

Let me know your thoughts!

** Disclaimer ***

These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.

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