EURNZD Harmonic Crab Pattern Analysis and Strategy

Our trade was accurate so we bought it as the crab pattern formed. We closed now part of our positions @ the 38.6 fib of the 4th leg of the pattern. We can see that the 38.6 Fibonacci level coincides with the 4 hour green resistance area, therefore we reduced our position and took profits. We are keeping our other positions open and looking for the 50 and 61.8 Fibonacci levels. EURNZD