Glossary · Pro tools

Crab pattern

A harmonic pattern whose D stretches to 1.618 of XA, the most extreme of the set.

Why it matters

The Crab and Deep Crab (whose B retraces 0.886) mark exhausted, overextended moves.

How to read it

Zone near 1.618 of XA, stop limit 2.0 of XA. Reversals from it can be sharp, but the stop is far away in price.

Also called: deep crab

Related

Harmonic patternsPrice swings whose lengths match Fibonacci ratios, grouped into named shapes like the Bat and the Crab.Butterfly patternA harmonic pattern where B retraces 0.786 of XA and D extends to 1.27 of XA, beyond X.

In the Cluenex app, this explanation opens next to every crab pattern figure, with the live reading for the stock you are looking at. Open it in Cluenex