Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Crab

Information is not investment advice

The Crab is another harmonic pattern that is derived from the Gartley pattern. The special thing about it is the long XA and CD swings. The point D is far away and lies beyond the starting point X. This is what differentiates the Crab from other harmonic patterns.

Crab.png

Here are the key parameters of a Crab pattern:

- Point B is at the 38.2-61.8% retracement of XA.

- Point C can be at the 38.2%-88.6% retracement of AB.

- Point D can be found at the 224%-316% extension of AB or at the 161.8% extension of XA. The closer D is to the 161.8% extension of X, the stronger is the signal of this pattern.

How to trade

The entry is at the point D. Always wait for the market to reverse from CD before opening your trade. Take Profit may be at 61.8% of CD (TP1), and 127.2% of CD (TP2). Put a Stop Loss in line with your rules of risk management.

Let's see how a Crab pattern may look on the chart. The point B is at the 61.8% retracement of XA. The point D is near the 161.8% extension of the XA.

Bull crab.png

Popular

Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements.

Crypto Market Changes The Trend

Happy Tuesday, dear traders! Here’s what we follow: 

The US Labor Market And Real Estate Market Are In Focus This Week

Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.

Choose your payment system

Feel the Team Spirit

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later