EUR/USD - Potential Butterfly, Weekly Crab landing in strong weekly demand zone, price rejected nicely since the last week of November, we've had multiple BOS/confirmations, now we've had a channel breakout which I want to potentially swing up-to the D point, still keeping price in a weekly downtrend before looking for potential continuations in that zone.
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