Fxprotrader

USDCHF Pending Deep Crab Pattern At Key Resistnace Level

Fxprotrader Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
If price continues its rally it will give us a bearish deep crab pattern with its D point at a key resistance level. After its completion we should look for a smaller bearish harmonic pattern in the zone around its D point. As for stoploss and profit targets i will come back if a sell setup is formed.

Likes and comments are welcomed..!
John
Trade active:
Deep crab has been comleted. We should see price to retrace from that level. We can trade this pattern directly from its D point or a better approach should be to wait for impulsive moves to the down and trade their corrections breakout. If i indetify a setup i will come back with a new post.
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