Looks like there could be a potential deep crab here. However, it didnt retrace all the way to the .886. This is also a good lesson in PRZ. The PRZ is almost never exact. That is why it is a zone, however it is consolidating here above the 200MA in the PRZ. Technical target long term would be the 1.618 retrace. However I would take profits around the different fibonacci levels shown. Not sure if I will enter this one yet as I have not watched a deep crab play out yet. Also hidden bullish divergence. Not financial advice.
Trade closed: stop reached:
Could try to make a move back up. But my stop was reached. MACD is still moving towards green.
Trade active:
May re-enter after getting stopped out.