Timeframe: 1H
Pattern: Bullish Crab
Instrument:US30
The current 1H structure reveals a Bullish Crab pattern completing near the 45,710 region, aligning with the 3.14 BC projection and 1.618 XA extension. Following the completion of this harmonic leg, price reacted strongly from the terminal zone, establishing a potential reversal base.
Price has since retraced toward the 46,300–46,400 zone, where short-term consolidation is evident. The current setup presents an opportunity for a continuation toward 46,650–46,700 (Target Zone 1), while maintaining bullish structure above 45,770 (key reaction point).
A sustained break below 45,526 (H1 invalidation zone) would negate the pattern’s bullish outlook and suggest deeper downside continuation toward 45,300.
Key Levels:
Bias: Bullish short-term retracement within harmonic reversal zone
Invalidation: 45,526 (H1 structure break)
Pattern: Bullish Crab
Instrument:US30
The current 1H structure reveals a Bullish Crab pattern completing near the 45,710 region, aligning with the 3.14 BC projection and 1.618 XA extension. Following the completion of this harmonic leg, price reacted strongly from the terminal zone, establishing a potential reversal base.
Price has since retraced toward the 46,300–46,400 zone, where short-term consolidation is evident. The current setup presents an opportunity for a continuation toward 46,650–46,700 (Target Zone 1), while maintaining bullish structure above 45,770 (key reaction point).
A sustained break below 45,526 (H1 invalidation zone) would negate the pattern’s bullish outlook and suggest deeper downside continuation toward 45,300.
Key Levels:
- Entry Zone: 46,200–46,300
- Target: 46,650–46,700 (T1)
- Stop-Loss: 45,526
- Risk/Reward Ratio: 3.4R
Bias: Bullish short-term retracement within harmonic reversal zone
Invalidation: 45,526 (H1 structure break)
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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.