Long

Bullish Harmonic Crab on USDINR daily chart - 64.47

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Hi,

We have a potential Long opportunity's at the D leg completion of Harmonic CRAB.

The price reversal zone on this pair is between 64.98 (2.618BC) & 63.6(3.618BC) - Most important level to watch the price action at 64.47 (1.618XA).

The PRZ is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Crab setup placed at the .382% and .618% retracement of the C to D move.
Target 1 : 66 & Target 2: 67.

Stop would be placed below 2.0 extension of XA (63.4).

Note : Crab Usually posses highly volatile price action in the Potential Reversal Zone.

Trade with Care
Gulz
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Zlecenie aktywne
Price entered into PRZ, watch price action on lower time frame for entry
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Bullish CrabharmonicforexHarmonic Patterns

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