benalistarfx

Potential Daily Crab Forming 🦀

Short
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD - Potential crab forming.

Very deep weekly pullback, price is sitting in a strong supply zone, trading away from the weekly high, I'm expecting the weekly downtrend to continue.

** 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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