GBP/NZD - Bullish Deep Crab

GBP/NZD is currently forming a bullish deep crab pattern on the 4h chart, providing a trading opportunity with a 1:2.8 risk to reward.

The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
X to D: 1.618

This is another setup to keep on the watch list! We are close to confirming the PRZ, once we do we can re-analyse this pair before entry.

Thank you for your support everyone :)
Bullish Deep CrabChart PatternsCrabForexharmonicforexHarmonic Patternslewisglasgowsix000sixfigurecapital

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