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LewisGlasgow
Nov 18, 2016 2:24 PM

USD/JPY - Bearish Crab (700+ Pips) Short

U.S. Dollar/Japanese YenFXCM

Description

Make sure to keep this one on your watch list, here we have USD/JPY on a Daily chart with a bearish crab pattern. I'm currently looking at long term moves in the market and this one fits the bill!

The measurements for a valid crab pattern are detailed below.
B: 0.382 - 0.618
C: 0.382 - 0.886
D: 2.618 - 3.618
Final X to D: 1.618

All-round excellent opportunity, I hope you have a great weekend!
Comments
DigitalNomad
will it fall ? any fundamental reasons with you ?
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