benalistarfx

Potential Crab Forming 🦀 (Short then Long)

Short
US30 - Potential Crab Forming, I've entered a short here as price broke the daily structure and has retested multiple times but closed below, you can see the .618 pullback tap. On the LTF we have confirmation for a sell, price is currently sitting at a strong liquidity level and is breaking to the downside (Whether this is the move to start this long bearish push I don't know, however price is looking likes it's going to break to the daily support line then reverse from here (Very nice PRZ)

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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