Potential Shark Forming 🦈🦈

6 Des 2021

USDCAD - Potential Shark Forming (This is a retracement so remember to keep your lots low if you trade it) I'm looking to complete the CD leg, we're trading away from the WH with the Bias of a pullback before continuation, we have multiple BOS to the downside along with trapped liquidity, this could push higher as price was very bullish over the past couple of weeks.

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.