Episode578 CADJPY - Bullish Crab

As much as I like to prize this Crab Pattern as the ultimate setup for the week, this Bullish Crab Pattern has a major warning sign.

Trained Harmonic Pattern traders can comment at the bottom.

The reason I would still consider this a Crab Pattern is because the levels converge at 104.08.

The better setup this week is the Bearish Crab Pattern on the USDJPY Daily Chart, check out the link at the bottom.