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The crab pattern is an explosive pattern because once the D point has been developed we should see a quick trend reversal that has the potential to generate big profits.
Price entered the PRZ and surpassed the minimum requirement (76.25) for completion of Crab pattern . Low today (75.95) was also near the ideal level of 75.65/75.70 (1.618 of XA)
Let's see if the reversal occurs from here.
Price entered the PRZ and surpassed the minimum requirement (76.25) for completion of Crab pattern . Low today (75.95) was also near the ideal level of 75.65/75.70 (1.618 of XA)
Let's see if the reversal occurs from here.
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