The Crab Pattern

The Crab is a Harmonic pattern discovered by Scott Carney in 2000. This pattern is one of the most precise of all the Harmonic patterns. The critical aspect of this pattern is the tight Potential Reversal Zone created by the 1.618 of the XA leg and an extreme (2.24, 2.618, 3.14, 3.618) projection of the BC leg. The pattern requires a very small stop loss and usually provides an almost exact reversal in the Potential Reversal Zone.

Bullish
Bearish

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