Alright everyone, got a few trades on the watch list starting to shape up nicely.
Here we have CAD/JPY on the 4hr chart with a valid bearish crab with a great 1:3 risk to reward.
The measurements for a valid crab pattern are listed below.
B: 0.382-0.618
C: 0.386-0.886
D: 2.618-3.618
Final X to D : 1.618
Make sure to check it out over the next couple of hours for a nice reversal.
Here we have CAD/JPY on the 4hr chart with a valid bearish crab with a great 1:3 risk to reward.
The measurements for a valid crab pattern are listed below.
B: 0.382-0.618
C: 0.386-0.886
D: 2.618-3.618
Final X to D : 1.618
Make sure to check it out over the next couple of hours for a nice reversal.