USD/CAD - Bearish Deep Crab
Hello traders, it appears USD/CAD is now forming a bearish deep crab pattern on the 4h chart. This is an excellent opportunity with a potential 300+ pip return!
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.24 - 3.618
X to D: 1.618
I'll be expecting price to stall out once it reaches the D point, this forms on a key level of resistance!
Keep this setup on your watch list.
Connect with me on social media for more trading inspiration :)
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.24 - 3.618
X to D: 1.618
I'll be expecting price to stall out once it reaches the D point, this forms on a key level of resistance!
Keep this setup on your watch list.
Connect with me on social media for more trading inspiration :)
📈 Master the Art and Science of Trading: sixfigurecapital.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.