Education
XEM Crab pattern educational
One thing about patterns and how we misunderstand its behavior, is the fact that they are not meant to be traded all over, of course it´s possible but is very tired, the thing is to get an entry point, which is D in all cases, BUT and here comes a huge BUT the pattern is not complete, unless we have reached our TP prices, we have to trace our fibonacci from A to D and the .236-.382-.5-.618 and if we are lucky .786 levels are accomplished by price action. There are a couple more considerations, if a pattern is not complete, (TP levels included) it does not mean isn´t valid, means that the trend is going to continue or is about to change
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.
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.