Harmonic Pattern Study

Victor Camargo
05/28/2021

Bullish Crab – AUDCAD – H1

The Crab Harmonic Pattern is considered by some to be one of the most accurate patterns,allowing reversals very close to those indicated by fibonacci numbers. Ina bullish crab, point “B” will be a pullback between 0.382 and 0.618 of the leg “XA”. “BC”it should be a retraction between 0.382 and 0.886 of the AB leg. CD is an extension between 2,618 and3,618 of the AB leg. Point D is a 1.618 extension of XA.

Check in: 1:30 pmDeparture: 17:40Result: 100 points

Source: https://wintrademarkets.com/

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