Just leaving a mark here and let the future me do some throwbacks when i want to in the future, I hope this crab pattern will do a good one for me
2 requirements of crab pattern have been fulfilled:
AB = retrace between 0.382 - 0.618 Fibonacci Retracement of XA leg;
BC = minimum 38.2% and maximum 88.6% Fibonacci retracement of AB leg;
Target price is exactly around 1.6 fib of XA leg
With the recent news: market.bisnis.com/read/20210107/...
WSBP also shows the same pattern:
Now just waiting for the breakout. Let's see how it goes
Any inputs is very much welcomed
2 requirements of crab pattern have been fulfilled:
AB = retrace between 0.382 - 0.618 Fibonacci Retracement of XA leg;
BC = minimum 38.2% and maximum 88.6% Fibonacci retracement of AB leg;
Target price is exactly around 1.6 fib of XA leg
With the recent news: market.bisnis.com/read/20210107/...
WSBP also shows the same pattern:

Now just waiting for the breakout. Let's see how it goes
Any inputs is very much welcomed
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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.