EURUSD 15Min TF XABC conditions are Met to form a pattern
The first 3 condition are met to form a pattern,
Now to form a CD leg these conditions have to meet to name a pattern.
Bat = 88.6% of XA leg
Crab = 1.618% Ext of XA
to confirm this price has to drop below Point B
The Bat /Crab is void if price cross Point A
Other scenario If Point A crosses Point C will be marked at 1.272-1.414 ext of AB
Now to form a CD leg these conditions have to meet to name a pattern.
Bat = 88.6% of XA leg
Crab = 1.618% Ext of XA
to confirm this price has to drop below Point B
The Bat /Crab is void if price cross Point A
Other scenario If Point A crosses Point C will be marked at 1.272-1.414 ext of AB
Ordre annulé