A bullish Deep Crab is completed and still Valid. How I trade the Pattern with extreme completion is by having atleast 1:1 RR from my TP1:SL. We also have a tentative Potential Bearish Cypher Pattern to be completed soon once price movement goes to the upside. We also have a tp2 which is the 61.8% of the Deep Crab and a D completion of the Bear Cypher at the 78.60% its a confluence then. Take note of the red dotted line. Price break and close below would invalidate all the setup. Best of luck!
Comment
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We are near to TP 1. We could go and minimize our stop loss near to BE.
Trade closed: target reached
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Comments
Trader_Dale
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Thanks for your great analysis mate!
Here is my view on USD/JPY.
It is based mostly on Market profile (volume)
If you are interested there are more intraday and swing trading levels in my profile page. You are very welcome there!
Dale
Here is my view on USD/JPY.
It is based mostly on Market profile (volume)
If you are interested there are more intraday and swing trading levels in my profile page. You are very welcome there!
Dale