Pullback Then Short?
GBP/USD - Nice break in HTF Momentum, I want to see the 1H candle close below the current 1H swing low breaking the structure before returning back into the supply zone/trading range, failing the highs again giving us a nice potential short entry.
Could also be creating a potential distribution schematic, this push could be a SOW before price returns to the TR, lets see!
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.
Could also be creating a potential distribution schematic, this push could be a SOW before price returns to the TR, lets see!
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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