Hi,
We have a potential Long opportunity's at the D leg completion of Harmonic CRAB.
The price reversal zone on this pair is between 64.98 (2.618BC) & 63.6(3.618BC) - Most important level to watch the price action at 64.47 (1.618XA).
The PRZ is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Crab setup placed at the .382% and .618% retracement of the C to D move.
Target 1 : 66 & Target 2: 67.
Stop would be placed below 2.0 extension of XA (63.4).
Note : Crab Usually posses highly volatile price action in the Potential Reversal Zone.
Trade with Care
Gulz
We have a potential Long opportunity's at the D leg completion of Harmonic CRAB.
The price reversal zone on this pair is between 64.98 (2.618BC) & 63.6(3.618BC) - Most important level to watch the price action at 64.47 (1.618XA).
The PRZ is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Crab setup placed at the .382% and .618% retracement of the C to D move.
Target 1 : 66 & Target 2: 67.
Stop would be placed below 2.0 extension of XA (63.4).
Note : Crab Usually posses highly volatile price action in the Potential Reversal Zone.
Trade with Care
Gulz
Trade active
Trade active:
Price entered into PRZ, watch price action on lower time frame for entry
Order cancelled