InsiderB
Short

Nifty : Bearish Crab Pattern - Risky setup

NSE:NIFTY   NIFTY 50
Hi Guys,

Trading sharks n crabs are the most risky patterns bcos its not like other patterns where we can expect a support/resistance around D completion. Crabs will always have their D legs extended way beyond to 1.618 and sometime continues their move upto 2.24 extension levels. So if you really ok with the risk enter the trade with proper stops, Crabs are as much as rewardable though it has high risk. Better I suggest to wait for an hour or later after market opening to get bearish confirmation in Nifty             before entering the crab setup

Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!


*** With Great Power, there comes Great Responsibility ***
ASKSANTHOSHPM
4 months ago
Back to 8577
+1 Reply
InsiderB ASKSANTHOSHPM
4 months ago
Only if Market reverses.. GST inching very close to reality.. so its like cat on wall !
Reply
AMBRISH
4 months ago
Good Idea.,
+1 Reply
InsiderB AMBRISH
4 months ago
Good to see you back, after longtime Ambrish :)
Reply
AMBRISH InsiderB
4 months ago
Internet problem since May ,
Reply
InsiderB AMBRISH
4 months ago
oh ok...Have a good day !
Reply
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