XAUUSD (GOLD) Deep Bullish CRAB Pattern Complete !
The Deep Bullish Crab pattern is complete on the daily chart of this asset. Harmonic patterns are difficult to spot and when they do form particularly on the long term time frame they are of high probability and quality patterns. This is just my analysis for you to see and make the decision based on your personal analysis!
It is by no means a trade signal as i am a very cautious trader and i base my trade on multiple confluence factors rather than single. For those of you who wish to trade this pattern the target level are shown by the arrows (TP1 38.2 FIB LEVEL AND TP2 61.8 FIB RATIO). SL CAN BE PLACED at 1120.00 level. I stress again this is not a trade signal its just an analysis and if you do wish to enter please enter at your own risk. i have just put this completed pattern here as they are very hard to spot and as a trading community we are here to help each other out, so trade cautiously!
Cheers
It is by no means a trade signal as i am a very cautious trader and i base my trade on multiple confluence factors rather than single. For those of you who wish to trade this pattern the target level are shown by the arrows (TP1 38.2 FIB LEVEL AND TP2 61.8 FIB RATIO). SL CAN BE PLACED at 1120.00 level. I stress again this is not a trade signal its just an analysis and if you do wish to enter please enter at your own risk. i have just put this completed pattern here as they are very hard to spot and as a trading community we are here to help each other out, so trade cautiously!
Cheers