LewisGlasgow

USD/JPY - Bearish Deep Crab

Short
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY is currently forming a bearish deep crab pattern on the 4h chart, providing a trading opportunity with a 1:2.6 risk to reward.

The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
X to D: 1.618

Keep this on the watch list! Price has just confirmed the PRZ.

Thank you for your support everyone :)

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