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EURUSD A Perfect Crab Pattern?

FX:EURUSD   Euro Fx/U.S. Dollar
Probably a crab pattern?

This pattern has a high reward-to-risk ratio because you can put a very tight stop loss.
The “perfect” crab pattern must have the following aspects:
1.Move AB should be the .382 or . 618 retracement of move XA.
2.Move BC             can be either .382 or . 886 retracement of move AB.
3.If the retracement of move BC             is .382 of move AB, then CD should be 2.24 of move BC             . Consquently, if move BC             is .886 of move AB, then CD should be 3.618 extension of move BC             .
4.CD should be 1.618 extension of move XA.


Source: babypips
Feliks
5 months ago
It is very clear in terms of the overall solution, informative,drow eur/usd please,if not more difficult,I am very interested.
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