4HR XABCD Deep Crab Pattern - In Price Rejection Zone (PRZ) which was found by using the Fibonacci Expansion tool to make an ABA & AXA expansion. To do so, 1. Find the Fibonacci Expansion tool. 2. Start at the A point of the Deep Crab Pattern, click; then to the B point, click; then back up to the A point, Click. -It is the same process for AXA expansion, but...
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==> FIND THIS USEFUL?: Hit Thumbs up :) ==> OTHER THOUGHTS?: Kindly comment so we analyze together :) DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
BABA Deep crab pattern aligns with the red resistance line. See 209 before earnings on Feb 1st. Jeffries upgrade to 240 and GOOGL/BABA collaboration on re-opening google maps in china could provide the momentum
Spotted this pattern with my community members after the earlier short on the H1 charts. I believe that the yen pairs are more ready to fall next week. Evidence also in the NZDJPY and GBPJPY charts
Pattern completed and price had an initial reaction to it. Came back up to retest the highs again and dropped again. Currently price leaving the PRZ
The H1 time frame chart is showing us a potential trade. Price tested the PRZ and the H1 RSI is oversold and formed a bullish divergence
wait until price come into short zone in the complete bat pattern and deep crab pattern
Potential Bearish Deep Crab on USDCHF Sell @0.9690 TP1 @0.9666 TP2 @0.9646