USD/JPY - Bearish Crab (700+ Pips)

1 060
Make sure to keep this one on your watch list, here we have USD/JPY on a Daily chart with a bearish crab pattern. I'm currently looking at long term moves in the market and this one fits the bill!

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

All-round excellent opportunity, I hope you have a great weekend!

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.