Here we see what could be the making of a bearish deep crab.
The entry point being the 161.80 % XA measurement with the stop loss at 200% of XA.
Also we can see the 261.80% BC Projection marries up with the entry point providing further validity if entry is made.
Please refer to Scott carney's work if you are further interested in harmonic patterns.
The entry point being the 161.80 % XA measurement with the stop loss at 200% of XA.
Also we can see the 261.80% BC Projection marries up with the entry point providing further validity if entry is made.
Please refer to Scott carney's work if you are further interested in harmonic patterns.
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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.
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.