XAUUSD - Potential Crab Forming, D point landing inside strong demand zone with lots of confluence, makes a very nice PRZ.
We've had a BOS on the 3H, price is bearish on the HTF also.
This move is following the HTF trend.
I do expect a slight push up before this potential down move (Based on the LTF analysis)
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.