FISHING FOR CRABS!
Hello traders! A deep bearish crab reversal pattern completed the D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern. We also see a head and shoulder pattern which is another reversal pattern for extra confirmation... or is it? Crabs are usually the result of a failed Bat pattern and they are my favorite patterns to trade. This is shared for educational purposes, not a trade signal.
Crab patterns are considered volatile and you can expect volatile price action towards, near or at the D point. Good luck to all traders and trade smart, don't gamble.
Hello traders! A deep bearish crab reversal pattern completed the D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern. We also see a head and shoulder pattern which is another reversal pattern for extra confirmation... or is it? Crabs are usually the result of a failed Bat pattern and they are my favorite patterns to trade. This is shared for educational purposes, not a trade signal.
Crab patterns are considered volatile and you can expect volatile price action towards, near or at the D point. Good luck to all traders and trade smart, don't gamble.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.