X = 0.77633
A= 0.75955
B= 0.77038 ( 61.8 of X & A leg )
C=0.76055 ( 88.6 of A & B leg)
TP target 161.8 XA = 0.7845's zone
Crab pattern elements: • B point that is a 0.618 retracement of XA or less. • Extreme BC projection that is typically a 2.618, 3.14, or 3.618. • Alternate 1.27 or 1.618 AB=CD pattern required. • 1.618 XA projection as the defining limit with the structure. • C point with range between 0.382 and 0.886.
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We cannot direct the winds but we can adjust our sail.
@ Pandion FX Pls share your input Crab Pattern X = 0.77633 A= 0.75955 B= 0.77038 ( 61.8 of X & A leg ) C=0.76055 ( 88.6 of A & B leg) TP target 161.8 XA = 0.7845's zone Crab pattern elements: • B point that is a 0.618 retracement of XA or less. • Extreme BC projection that is typically a 2.618, 3.14, or 3.618. • Alternate 1.27 or 1.618 AB=CD pattern required. • 1.618 XA projection as the defining limit with the structure. • C point with range between 0.382 and 0.886. {image} {image}
Ignored
It seems to be a valid pattern. 0.7800 - .7875 has been decision zone in the past. Time will tell.
hey man wondering if you can help set or use your hammornic scanner for next trade on NZDJPY. I believe is over bought and should soon or maybe now is the time to sell. There is-well for me- a strong pivot point or reversal signal currently. But wondering if using your scanner can determine next move
