CHART TIMEFRAME: H1

CHART PATTERNS: Support Breakout and Bullish Crab Formation

EXPLANATION: CHFJPY is testing 112.000 support. If it breaks below 112.000, Bullish Crab Harmonic Pattern would be completed at D 111.480. We may see a retracement at the D Leg.

Our Trade Setup at the D Leg would be as follows:

TRADE: LONG

AREA OF ENTRY: 111.480 – 111.380

TARGET 1: 112.000

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CHFJPY

Source: http://chartreaderpro.com/chfjpy-bullish-crab-formation-long-opportunity-03-15-2018/

One thought on “CHFJPY Bullish Crab Formation and Long Opportunity”

  1. BigPerM_99 says:

    Great Plan ! I will take this trade

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