XAG/USD Bullish Gartley or Crab Pattern

I love the weekend. Markets aren't moving. It gives a technical trader quality time to analyze as many pairs as they desire with little to no rush, while examining all possibilities of price movement.

Today, we have a bullish gartley and crab on the XAG/USD             1h chart. With both pairs we are watching for the price to drop in the next few days.

I would say the gartley pattern is more likely since it is inside the channel.

However, if price breaks down below of the channel, look for the crab pattern .

The measurements for a valid gartley pattern are detailed below.
B: 0.618 ---> (0.618)
C: 0.382 - 0.886 ---> (0.638)
D: 1.272 - 1.618 ---> (1.418)
Final X to D: 0.786 ---> (0.786)

The measurements for a valid crab pattern are detailed below.
B: 0.382 - 0.618 ---> (0.618
C: 0.382 - 0.886 ---> (0.638)
D: 2.24 - 3.618 ---> (3.534)
Final X to D: 1.618 ---> (1.618)

Please fee free to critique this analysis or give your own analysis in the comments below.

Instagram: _c_schultheis
Download your FREE copy of the 7 Proven Steps to Becoming a Successful Forex Trader right here:

Christopher D. Schultheis,
Six Figure Capital
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out