USOIL - Potential Shark Forming, looking for a nice pullback into the daily supply zone, theres some strong liquidity here and some nice imbalances to fill, if price reaches this level It's a very PRZ to look for HTF continuations
Let me know your thoughts!
NOTE: Price has just hit some liquidity so a pullback is likely before the drop, keep lots low, this entry location isn't "Ideal" does have some confluence but its not an A+ entry, so may hit some DD. I have a near perfect entry with a lot more confluence above if price decides to rise a little more we get back in an crush the pips.
** 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.