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AustinTylor

1 HR Bullish Deep Crab Pattern Setting Up on UJ

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
AustinTylor Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Crab Chart Patterns Deep Crab Bullish Crab fibextensions Fibonacci Extension TRENDLINERETEST Trend Line Break
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trendanalysis crabpattern chartpattern deepcrab bullishcrab fibextensions fibonacciextension trendlineretest trendlinebreak
C point on the pattern failed to break the high>
B Point is at 88.6% on the Fibonacci>

There was a break of the orange trend-line>
Price is retesting the trend-line to continue the bear market>

The A-B-A Fibonacci Extension level - 200% (2) & 361.8% (3.618)>
The A-X-A Fibonacci Extension level - 161.8% (1.618)>

Between the A-B-A 2 & the A-X-A 1.618 will be my buy zone with stop loss below the zone>


Comment:
the dashes after AXA and ABA Extensions are just dashes, not a minus. Disregard the negatives. They are positive extension percentages.
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