Crab Pattern on NIFTY
The "B" mid-point is at 61.8% of XA leg.
(Alternate Bat required exact 38.2% B retracement)
For the Crab pattern or Gartley, the "B" can be 61.8% but D must me equal or more than 2 AB = CD.
By the looking on the chart, we have 2 best entry point to enter long side.
(Alternate Bat required exact 38.2% B retracement)
For the Crab pattern or Gartley, the "B" can be 61.8% but D must me equal or more than 2 AB = CD.
By the looking on the chart, we have 2 best entry point to enter long side.
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