Ethereum
Panjang

Deep crab reversal into a bullish bat

377
From what I can see on the chart short we can see a deep crab pattern which has caused price to reverse from bearish to bullish.

Price has come back to retest the 161.8% entry for the deep crab and also has formed a much smaller bullish bat pattern.

Using the bat I can look to enter a much larger position due to the small stop loss required at 100% of XA.

Taking profit on the bat where the 2R for the larger deep crab pattern would be is around 13R.

Penafian

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