USD/CAD - Bearish Deep Crab

Hello traders, it appears USD/CAD is now forming a bearish deep crab pattern on the 4h chart. This is an excellent opportunity with a potential 300+ pip return!

The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.24 - 3.618
X to D: 1.618

I'll be expecting price to stall out once it reaches the D point, this forms on a key level of resistance!

Keep this setup on your watch list.

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Bearish Deep Crablewglasgowlewisglasgowsix000sixfigurecapital

📈 Master the Art and Science of Trading: sixfigurecapital.com
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