US30 - Potential Butterfly, price is ranging on the 3HH, if this level breaks ill be looking for scalps up towards .886 (Just under the Daily support level) Before then looking to take US30 short with the Bias of a downtrend continuation.
Very nice PRZ up there with lots of confluence, right now PA is ranging, I'm waiting for LTF confirmation to enter scalps (Buy or sells)
Ideally I want to see a pullback before scalping long towards the daily high before then selling.
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.
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