GRTUSD:
As you can see we hit the 1.618 XA leg! The pattern has been complete! Congrats if you were tracking this pattern. (400% gains in 30days)
The crab pattern frequently experiences volatile price action. EXPECT price action to exceed the 1.618 leg but is still valid.
Price MUST stabilize between 1.618-2.0 for short swing entries also known as the (PRZ) Potential Reversal Zone on this pattern. Then we can look for potential pull back areas.
INVALID above 2.0 fib.
Let me know what you guys think or if you have something similar.
Thank you,
As you can see we hit the 1.618 XA leg! The pattern has been complete! Congrats if you were tracking this pattern. (400% gains in 30days)
The crab pattern frequently experiences volatile price action. EXPECT price action to exceed the 1.618 leg but is still valid.
Price MUST stabilize between 1.618-2.0 for short swing entries also known as the (PRZ) Potential Reversal Zone on this pattern. Then we can look for potential pull back areas.
INVALID above 2.0 fib.
Let me know what you guys think or if you have something similar.
Thank you,