ALERT: GBPUSD Bullish Deep Crab Completion.

FX:GBPUSD   British Pound/U.S. Dollar
Updating the earlier posts about this bullish deep crab pattern, prices have now reached it's PRZ and completed this deep crab . RSI is showing oversold condition. However, as of this post, I am waiting for a bullish candle close on the hourly chart to take the trade. Prices may penetrate deeper into the PRZ before reversing as is usually the case with extension patterns like crabs, butterfly's and sharks.

Doing so will also decrease your S/L and increase your R;R.

Good luck!
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Good idea. I bought 1.5593 for 1.5678
EverythingForex PRO eb0b1852b8a04587a2caaf3b2b02a1
2 years ago
You actually beat me to the trade! I just posted an update and I took the trade at 1.56000 on a break of the inside bar on the 1-hour chart. Good luck to us both!
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