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Crabpatterns

LARGER CRAB POSSIBLY DEVELOPING FISHING FOR CRABS!!! Hello traders, this is one of my weekly pre-market ideas, a deep bearish crab pattern possibly developing awaiting the completion of our D point. A deep bearish crab setup was published earlier on this currency pair and this idea shows a larger move in developing with a regular crab pattern. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point. Although this pattern is developing nicely, market open could change this pattern if we get a gap that violates the development of this pattern. Crabs are usually the result of a failed bat pattern and they are my favorite pattern to trade. This is shared for educational purposes and should not be taken as a signal. Crab patterns are considered volatile and you can expect volatile price action towards, near or at the D point. Good luck to all traders and trade smart, don’t gamble.
Short
by PipTips
Can We Catch a Swiss-Yen Crab?FISHING FOR CRABS! Hello traders, this is one of my weekly pre-market ideas, a bearish deep crab reversal pattern possibly developing awaiting the completion of the D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point. Although this pattern is developing nicely, market open could change this pattern if we get a gap that violates the pattern. Crabs are usually the result of a failed Bat pattern and they are my favorite patterns to trade. This is shared for educational purposes, not a trade signal. Crab patterns are considered volatile and you can expect volatile price action towards, near or at the D point. Good luck to all traders and trade smart, don't gamble.
Short
by PipTips
We Might Catch a Crab!FISHING FOR CRABS! Hello traders, this is one of my weekly pre-market ideas, a bearish crab reversal pattern possibly developing awaiting the completion of the D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point. Although this pattern is developing nicely, market open could change this pattern if we get a gap that violates the pattern. This is shared for educational purposes, not a trade signal. Crab patterns are considered volatile and you can expect volatile price action towards, near or at the D point. Good luck to all traders and trade smart, don't gamble.
Short
by PipTips