📉 Bearish Crab @1.618

- This pair has been made a lot of harmonic repetition,
that's almost guarantee of the conclusion of this pattern.
Nevertheless, it can fail or even be invalidated, but that doesn't mean anything to me.
Let's speak about what is important.
- So we have two correlation points with the pattern:
1. We have that strong resistance line there that has been denied for a long time the price to continue the uptrend;
2. We also have inside the PRZ the 88.6level of the fib if using the last top according to the last bottom;
3. And last but not less important, the Harmonic Patterns are the reflection of what happened in the past,
proof of that to go over the last analysis that I did on EURND here you're going to find an Alt Bat before that Crab formation.



Rules:
1. Harmonic Pattern Completion - Waiting ;
2. Resistance line test - Waiting;
3. PRZ Test - Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation sign - Waiting;
6. Stoch RSI Confirmation - Waiting;
7. Risk Reward - Set.

Jony Sonjamba ( JonyFxHunter)
Pips Hunters Forex👍❤👌🤑