Hitting the first take profit level at 2R confirms the Bullish Deep crab pattern.
Using the 50% retracement level of the initial move to re-enter, Bulls are attempting to push price above the pattern so as to complete the trend reversal.
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.