Bullish Crab AU/D1
Updated
Bullish crab on AU D1. High was broken on 1H, and higher low has formed on the H4. I've noticed on Bullish crabs that price may retest and double or triple bottom before going going long. With the high breaking on 1H, and a higher low on H4 I expect price to start moving upwards and not break the 2.24 fib extension and go short to 3.618, but the market is never wrong.
Note
First TP hit.Trade active
Though the first TP was hit, it dropped short. Pattern is still valid, and looks like another harmonic pattern setting up. Waiting on more confirmation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.