Potential Butterfly Forming! 🦋

GOLD - Potential Butterfly Forming, will wait to see if price breaks through this S/D zone, if it does i'll be looking to short down to the D point before looking for reversals! (May also scalp this long if price continues to fail to break the zone, but 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.