Interesting setup on the Daily chart for EUR/TRY with a potential bearish deep crab, as you can see price is currently trading within an ascending channel and has attempted to breakout multiple times.
The measurements for a valid deep crab pattern are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
Final X to D: 1.618
The measurements for a valid deep crab pattern are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
Final X to D: 1.618
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