GBPCAD - Potential Deep Crab Forming, price broke structure on the daily TF and is forming a bullish ascending channel which price keeps rejecting from on the HTF.
I've entered based on my LTF analysis confirmations.
The D point of the Crab also lands on a very nice potential PRZ which is also a .786 pullback of the weekly TF
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.