Trading_Jazz
Long

Eventual Crab Pattern // Sell on Break // Long @D // IF=THEN ®

FX:USDCAD   U.S. Dollar/Canadian Dollar
1. (The Short) The market can present us with a good short entry opportunity IF the price break down the supportH4;

2. (The Long) Bullish Crab Pattern objective: Long at D

Targets:
tp1 61.8% CD retracement
tp2 127% CD retracement
sl (check previous structure levels-yellow box)

The only difference between this two Crab patterns, is the X point, if we take the impulse leg from the previous support D1, or if we take the impulse leg a little above of it...

Point D is calculated from an XA extension at 161% or 224%316% ext from AB leg;

Yellow Crab pattern point D is calculated from AB extension, the target its around "supportD1"
Blue Crab pattern point D is calculated from XA extension, the target is around "resistanceW1"

On both cases, look left, structures give us clues;

Safe trades,
https://open.spotify.com/track/08kxZdBWN0VzRECYbwaYdC
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