The Crab is another discovery by Scott Carney and is identified by its long stretching swing points. In the crab pattern the PRZ level at swing/pivot point D is and shoots beyond the initial swing/pivot point of X.
The nain things to watch for is Price Action in or near the PRZ as well as the RSI 14 to show divergences and be in the Over Bought zone at the D leg completion. And vise Versa for a bullish pattern.
The nain things to watch for is Price Action in or near the PRZ as well as the RSI 14 to show divergences and be in the Over Bought zone at the D leg completion. And vise Versa for a bullish pattern.