Bearish Crab
BTCUSD 11/02BTCUSD Monthly Update - November
POI 2 Zone Current
POI 3 Zone added
Previous analysis
The Hunt for Red October II - Valid
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Caution, I only trade on a moderate trend basis on H4 D1 and sometimes W1 .. I am not chasing any small movement and I also dont easily change my point of view by giving a lot of charts just for recognition that show some weakness on my analysis. Only work smart and rest hard.
I am also not responsible if there is a loss due to follow my analysis. but you need to know my success rate in trading is very high.
Enjoy the Pips.. Dont forget to like and subscribe.
GBPCAD - Potential Dual Pattern CompletionTwo potential bearish patterns completing at the same time :
Shark pattern in yellow (Spotted on both daily & H4 Charts), Crab pattern (spotted on H4 Chart) in light blue
R:R shown is for crab pattern : 2.5 (TP1) and 4.5 (TP2).
I will update the R:R for crab pattern as well both patterns complete. Stay tuned.
AUDCAD POSSIBLE BEARISH CRAB FORMINGA lot of last weeks analysis is moving close to the D legs on my charts which is simply awesome. So its time to get charts up for possible trades next week. Just follow my analysis until d leg is hit and watch for reversal. I will update charts with SL and TP as I feel they are valid. Several ideas to watch is better than a few.
EURAUD - Bearish Crab Pattern Completed on Daily ChartCrab pattern completed with price slightly above PRZ.
RSI is also showing reversal.
R:R at 1.4 (TP1) and 2.3 (TP2).
Traders may want to find an entry to short on H4 chart.
Do adjust lot size according to your risk management, SL is rather high for this one.
GBPZD (PoundKiwi) - Potential Bearish Bat or CrabI am not in the trade yet, since thhe pattern has both characteristics, that of a bat and that of a crab. If it's a Bearish Bat, I'll be waiting for thhe break of the blue full trend and my target will be the dotted trend. But, in thhe case of a break above the Resistannce level in blue. I'm expectinnng a Bearish Crab Formation before shorting.
Trade with care ( This is NOT a signal, just an idea) Compare it with yours and you can share yours in a comment, that would be preferable.
USDCAD - Bearish Crab Completed on Daily ChartHere we have a completed crab pattern with price closing slightly above PRZ.
Price hit the top of the ED channel but did not close above it.
Overall trend is still bullish, but we might be able to trade within the channel.
RSI is currently overbought, will wait to see bearish divergence
Daily candle looks like a shooting star/inverted hammer, good signal to sell, however still better to wait for all criteria to met
R:R at 1.5 (TP1) and 2.5 (TP2)
Might look at H4 chart for good entry point.