Late post....I know....Things got away from me this week, but I found this on Saturday night.
Valid measurements for a Shark Pattern:
C: 1.13 - 1.618 ---> (1.258)
D: 1.618 - 2.24 ---> (1.618)
Final X to D: 0.886 - 1.13 ---> (0.886)
About 40 pips profit right now....lets see where this thing goes
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Here, we have a Bearish Crab on the 4h chart.
Valid measurements for a Crab pattern:
B: 0.382 - 0.618 ----> (0.586)
C: 0.386 - 0.886 ----> (0.859)
D: 2.24 - 3.618 ----> (3.049)
X to D: 1.618 ----> (1.618)
Also, we have a trend line running under C and D point.
The second trend line that is barely visible, shown just above D point, is part of a descending...
