inspiredbymick
Long

EUR/USD Counter-Trend Bearish Crab Forming.

FX:EURUSD   Euro Fx/U.S. Dollar
50 0 2
Price failed to create a new low and rejected at the 88.6% of previous Lower Low. Most recent Lower High was at 61.8% retracement. This puts us on target for a Bearish Crab or Bearish Gartley . We are expecting a Bearish Crab to complete around the 1.1110 area due multiple confluences (Resistance, Higher Time Frame 61.8%, Quarter Half Point, Higher Time Frame Trendline retest). Not a signal, trade at your own risk.

Entry: 1.0990
SL below swing low : 1.0959 (-31 pips)
TP 1: 1.1050 (+60 pips)
TP 2: 1.1100 (+110 pips)
R/R: 3.62

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