|
The
Deep Crab Pattern |
 |
| Bullish |
Bearish |
|

|

|
|
|
The Crab is a Harmonic pattern discovered by Scott
Carney in 2001. 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 but
employs an 0.886 retracement at the B point unlike the
regular version that utilizes a 0.382-0.618 at the
mid-point. The
pattern requires a very small stop loss and usually
volatile price action in the Potential
Reversal Zone. |
|
|