Bullish Crab harmonic Pattern | Trading Strategy | Beginner's Guide line
Channel: Mirza Abuzarr
Date: 2023-04-29

Introduction Crab Harmonic Pattern
 Bullish Crab Harmonic Pattern
 How to Draw Bullish Crab Harmonic Pattern
 Trading with Bullish Crab Harmonic Pattern
 Bearish Crab Harmonic Pattern
How to Draw Bearish Crab Harmonic Pattern
Trading with Bearish Crab Harmonic Pattern
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What is Carb Pattern ?
The Crab is a distinct 5-point extension structure that utilizes a 1.618 projection of the XA leg exclusively. This is the most critical aspect of the pattern and the defining level in the Potential Reversal Zone (PRZ). The extreme (2.618, 3.14, 3.618) projection of the BC compliments the 1.618 XA extension. In addition, the Crab primarily utilizes an alternate AB=CD to compliment the PRZ. Although a minimum AB=CD completion is necessary for a valid structure, the alternate 1.27 or 1.618 calculation are the most frequent cases. In fact, the 1.618 AB=CD pattern is the most common alternate calculation utilized in the structure. It is important to note that the alternate AB=CD pattern within the Crab is the least important number in the PRZ. The combination of the 1.618 projection of the XA leg and the extreme BC projection usually creates a distinct range for the completion of the pattern. In fact, the AB=CD calculation is probably the least important in the Crab than all other patterns. Although the AB=CD structure is less significant in the case of the Crab, the pattern should still possess a distinct symmetry. Due to the extremity of the projections utilized in the completion of the pattern, the Crab frequently experiences sharp price action and dramatic reversals. It is quite common for price action to possess extreme ranges, quickly testing the Crab PRZ during the reversal. In fact, the price action experienced in Crab pattern completions is usually the most extreme of all of the patterns. Despite the typically severe reversals, the focus of the pattern’s completion should examine the 1.618 XA projection
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