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Here is a typical "bullish crab harmonic pattern". Although, this may be very glaring and have been analyzed
on H1 or H4, what matter is that if you will take the trade, consider using appropriate risk and see how it
pans out.
Any pullback can be considered as a possible retracement for another leg upside till the TPs are achieved,
that is if this pattern is what it is as we can see it. Also, The white lines are potential TP areas while the SL
is clearly pointed out.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on this assets. If anything goes south, I am not liable.
Also, know that forex is a high risk and reward business. So, do not trade with borrowed money or the one you
can not afford to lose.
Here is a typical "bullish crab harmonic pattern". Although, this may be very glaring and have been analyzed
on H1 or H4, what matter is that if you will take the trade, consider using appropriate risk and see how it
pans out.
Any pullback can be considered as a possible retracement for another leg upside till the TPs are achieved,
that is if this pattern is what it is as we can see it. Also, The white lines are potential TP areas while the SL
is clearly pointed out.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on this assets. If anything goes south, I am not liable.
Also, know that forex is a high risk and reward business. So, do not trade with borrowed money or the one you
can not afford to lose.