JonyFxHunter

Deep Bearish Crab@1.618XA for Scalping

Short
OANDA:CADCHF   CAD/CHF
This is a beautiful pattern being form over the short timeframe for scalping,
we just have to wait a bit, to see whether this is going to be a great opportunity to jump in or not.

We have this beautiful structure and also we have a resistance line just a few points below the PRZ of the Crab.

Rules:
1. Harmonic Pattern Completion - Waiting;
2. PRZ Hit -Waiting;
3. PRZ Test - Waiting;
4. Terminal Bar - Waiting;
5. RSI Reversal Sign - Waiting;
6. Candlestick Reversal Sign - Waiting;
7. RSI Confirmation Sign - Waiting;
8. Candlestick Confirmation Sign - Waiting;
9. Risk Management - Applied;
10. Risk / Reward - 1/3.

" Let the one who boasts boast in the Lord.
for it is no the one who commends himself who is approved,
but the one whom the Lord commends. "
2 Corinthians 10:17-18
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