We have another Bullish Crab, Traders!
Spotted this just now on the 4H chart.
Keep It Super Simple (K.I.S.S.)
Look for price to hit D point, look for reversal candles and enter the trade.
I can't stress this enough...
MAINTAIN PROPER ACCOUNT MANAGEMENT: 1-2% risk per trade
Risk:Reward - 1:5
The measurements for a valid crab pattern are detailed below.
B: 0.382 - 0.618
C: 0.382 - 0.886
D: 2.618 - 3.618
Final X to D: 1.618
Spotted this just now on the 4H chart.
Keep It Super Simple (K.I.S.S.)
Look for price to hit D point, look for reversal candles and enter the trade.
I can't stress this enough...
MAINTAIN PROPER ACCOUNT MANAGEMENT: 1-2% risk per trade
Risk:Reward - 1:5
The measurements for a valid crab pattern are detailed below.
B: 0.382 - 0.618
C: 0.382 - 0.886
D: 2.618 - 3.618
Final X to D: 1.618
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.