What Is The Crab Pattern & How To Trade With It

Crab Pattern

The Crab is a type of Harmonic pattern that stretches at point D and defines a potential reversal. Developed by Scott Carney in 2001, it is one of the most precise Harmonic patterns considered by the author. What is the Crab pattern? Like other Harmonic patterns, the Crab has a five-point structure—these points, known as legs, forms with the help of Fibonacci numbers and ratios. The difference between Crab and other Harmonic patterns is that the PRZ (potential reversal zone) expands at the point D. This expansion reaches beyond the X leg. The PRZ is a region where three or …READ MORE