Best Harmonic Chart Pattern Crab

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Please kindly be informed that this is not  Butterfly, Gartley, Bat Patterns although it  looks similar. The Crab is a Harmonic pattern  discovered by Scott Carney in 2000. It is one  of the most precise of all the Harmonic  patterns. Check out this study summary, it  was conducted on 15+M timeframe and  include both bullish and bearish patterns. The  Harmonic Chart Pattern Crab is the only one  which has over 93% of accuracy which is  really great, thing is you need to pay  attention to its Fibonacci ratios to distinguish  it with other Harmony Chart 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.

 The Fibonacci levels to be applied in Harmonic Chart Pattern Crab :

Crab Ratios
0.382/0.382/1.618
0.382/0.382/2.000
0.382/0.382/2.240
0.382/0.382/2.618
0.382/0.382/3.140
0.382/0.382/3.618
0.382/0.447/1.618
0.382/0.447/2.000
0.382/0.447/2.240
0.382/0.447/2.618
0.382/0.447/3.140
0.382/0.447/3.618
0.382/0.500/1.618
0.382/0.500/2.000
0.382/0.500/2.240
0.382/0.500/2.618
0.382/0.500/3.140
0.382/0.500/3.618
0.382/0.618/1.618
0.382/0.618/2.000
0.382/0.618/2.240
0.382/0.618/2.618
0.382/0.618/3.140
0.382/0.618/3.618
0.382/0.707/1.618
0.382/0.707/2.000
Crab Ratios
0.382/0.707/2.240
0.382/0.707/2.618
0.382/0.707/3.140
0.382/0.707/3.618
0.382/0.786/1.618
0.382/0.786/2.000
0.382/0.786/2.240
0.382/0.786/2.618
0.382/0.786/3.140
0.382/0.786/3.618
0.382/0.886/1.618
0.382/0.886/2.000
0.382/0.886/2.240
0.382/0.886/2.618
0.382/0.886/3.140
0.382/0.886/3.618
0.447/0.382/1.618
0.447/0.382/2.000
0.447/0.382/2.240
0.447/0.382/2.618
0.447/0.382/3.140
0.447/0.382/3.618
0.447/0.447/1.618
0.447/0.447/2.000
0.447/0.447/2.240
0.447/0.707/2.240
 Crab Ratios                              
0.500/0.382/3.618
0.500/0.447/3.618
0.500/0.500/3.618
0.500/0.618/3.618
0.500/0.707/3.618
0.500/0.786/3.140
0.500/0.786/3.618
0.500/0.886/3.140
0.500/0.886/3.618
0.618/0.382/3.618
0.618/0.447/3.618
0.618/0.500/3.140
0.618/0.707/3.140
0.618/0.707/3.618
0.618/0.786/2.618
0.618/0.786/3.140
0.618/0.786/3.618
0.618/0.886/2.240
0.618/0.886/2.618
0.618/0.886/3.140
0.886/0.382/2.618
0.886/0.382/3.140
0.886/0.382/3.618
0.886/0.447/2.240
0.886/0.447/2.618
0.886/0.447/3.140



Example : Bullish Harmonic Chart Pattern Crab EUR/JPY, 15 min

Example : Bearish Harmonic Chart Pattern Crab EUR/GBP, 15 min
The good point here is you don't have to wait and check for the pattern, it is really time consuming. With the power of technology, we can have the computer do it, it will tell us what the pattern is and draw it out, you can buy such Harmonic pattern indicator for a cheap price.

Comments

1 comments to "Best Harmonic Chart Pattern Crab"

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18 November 2015 at 23:06

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