Potential Crab Forming 🦀

GER30 - Potential Crab Forming.

Price is currently rejecting from a strong support zone, if this breaks I will be looking for shorts down towards the 50% fib in the weekly range.

On the LTF price is ranging but we've had bullish momentum and multiple BOS to the upside.

(Again good potential clues on where price could be heading) Lining up nicely with our HTF and overall BIAS.

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.