Either the market break the X point of remain under the X :
if the market breaks the X point and reaches FIB level of 1.618 then its a CRAB pattern, otherwise if the market remain below the X point with fib levels 0.886 then its a BAT pattern.
Nonetheless, both pattern depict reversal and we expect our entry after confirmation from followed by series of LH and LL.
Entry and SL points are mentioned.
if the market breaks the X point and reaches FIB level of 1.618 then its a CRAB pattern, otherwise if the market remain below the X point with fib levels 0.886 then its a BAT pattern.
Nonetheless, both pattern depict reversal and we expect our entry after confirmation from followed by series of LH and LL.
Entry and SL points are mentioned.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.