USDJPY - Bearish Crab checkbackA Bearish Crab Pattern has been completed. I'm waiting for the USDJPY to checkback at 144.56 and wait for a shorting opportunity. This could give counter-trend traders and opportunity to jump onto the trade.
Bearish Crab
Bearish Crab meets Bearish SharkUSDCAD has a very interesting setup. The completion of the Bearish Crab Pattern happens to be the Bearish Shark Pattern's HOP level.
At this moment, it seems that the USDCAD is the better trading setup to short based off the counter-trend trading setup.
USDJPY-Weekly Market Analysis-Aug22,Wk2With no mistake, USDJPY is on a Bullish Trend, but that doesn't mean we can't look for a counter-trend trading opportunity. We have a Bearish Crab Pattern completing at 135.58 on the 1hourly chart.
On the 4-hourly chart, there is a potential Bearish Bat Pattern that has the potential of completing at 136.59.
Knowing that this is a counter-trend setup, a candlestick confirmation is required against a strong bullish trend.
EURUSD-Weekly Market Analysis-Jun22,Wk2A Potential Bearish Shark Pattern may form up at 1.0823. What I will be focusing on will be the candlestick pattern formation at PRZ. If the candle touches 1.0823 but didn't break and closes above 1.0805, I will expect a stronger bearish move, and that is because it completes at the Bearish Crab Pattern HOP level.
EURUSD-Weekly Market Analysis-Jun22,Wk1If you have been following my analysis, you would have known that it is unusual for me to share a Weekly Market Analysis on a 15minutes chart.
A Bearish Butterfly Pattern complete at 1.0788 for a shorting opportunity. If this became a valid setup, I could upsize my trading profit to the 4-hourly chart level. Link at the bottom.
That's how Winner trade ;P
SGDMYR - Exchange RatesOn 20 Apr 2022, SGDMYR shot up to 3.1466. To most Singaporeans who have commitments in Malaysia or Malaysian who are earning SGD, is a no brainer to change their SGD to MYR.
But that night at 10.25pm, right after my Live Session, I've told a group of entrepreneurs NOT to change their SGD to MYR just yet.
If you could wait for a few days. On Fri, 22Apr2022 market close at 3.1538. Based on the candlestick pattern and the Harmonic Patterns formation, Bearish Crab Pattern, it would be a good idea to change some MYR that could cover your monthly expenses or commitment for the next 3-5months.
It would not surprise me if the market retraces back to the 3.1255~3.0990 range when Market Open.
Share this with your friends as they might benefit from this and there are a couple of hours for them to make the arrangements.
Forex Trading doesn't always mean that one should only trade on the Spot Market, but you can benefit from your day to day expenses, your investment planning and such.
AUD/USDIts all in the wave structures!
The Bullish Shark Harmonic (green) turns into the Bearish Crab (pink) with a PCZ at the 1.618 (0.78850 AUD/USD)
This is all within the larger structure Bearish Bat harmonic (blue) completing at the 886 (0.78850AUD/USD) which is in confluent with the PCZ of the Bearish Crab (pink)
Love the confluence
Red TL saves the day!Pretty much as the title says, the red TL held via the candle closing below. Took the TL on the 4H TF but it's holding on 1h & daily. As the USD is rising and looking like going for $100+ this should help gold to dump. I'm in again at 1948 with SL on entry.
AUDUSD - Bearish CrabI had profited 212pips on the AUDUSD Bullish Deep Gartley Pattern(check out the link at the bottom). It's only 212pips because I got in late.
Now I had shorted the Bearish Crab Pattern at HOP level. One of the perks of this is the Reward:Risk Ratio.
What I didn't like the candlestick consolidation looking left.
USDCHF SHORT POSITION WITH BEARISH CRAB PATTERN ON 4H CHARTThe sharp rise of major currencies has always been a reaction against the Swiss franc!
ENTRY: 0.93980
SL 0.94393
Risk/Reward Ratio: 5.72
WHAT DO TOU THINK ABOUT THIS?
Bullish Dragon with a 1.618 Max Target on SmallCap 600 Value ETFThe Small Cap Value Seems to be in a much better position than the rest of the market and in the case that the market Bullishly Reverses we may see the Small Caps severely Outperform the Indexes. This could lead to the Small Caps making a Minimum 88.6% Fibonacci Retrace from High to Low and a Maximum of a 1.618 Fibonacci Extension before we have the potential for further downside.
BTCUSDT CRAB PRZ Supply to neckline retestHi everyone. I'm watching a probably PRZ in some confluences after a bearish Scott Carney's CRAB pattern figured out. The volume decreasing along the consolidation so-called Bart Simpson indicates institutional price support. In the next two days at least we can expect a distribution phase in the 100-88.6% range of Fibonacci retracement. The 61.8% pivot level can be a TP1 in a reversal breakout of 88.6%. The actual price action reinforces an ideal pullback to touch Head and Shoulders' neckline which can be spiked at this supply sector, as predicted in my past overview "potential pullback...". An expected overbought condition in the next daily coincides with a key level for institutionals to liquidates high leveraged longs by sardines that came in the BARR impulsive breakout.
TRXUSD: Falling Three Methods Bearish Continuation PatternWe recently reversed from and hourly Crab and now we are looking at a falling three methods daily continuation pattern while it's below the 55 day moving average.
Bearish Crab on TRXUSDWe have a spike in volume with the RSI overbought and a bearish engulfing of the terminal bar at this potential PCZ why not give it a shot.
Bearish Divergence at PCZ of Bearish Crab on Shiba InuLets see where this takes us, if we can get back below the 1.618 i suspect there will be a quick, bearish and volatile move downwards.
AUDNZD SellThis is my idea on AUDNZD pair.
Pattern: Bearish Crab
What do you guys think?
Good Luck Everyone.
AUDCAD - Bearish CrabA bearish crab pattern may emerge and complete at 0.9240 for a shorting opportunity.
On the other hand, traders who are looking at the 4-hourly chart might have a different view. A bullish bat pattern.
This is why it is very important to follow your trade plan and stay out of the trade if you aren't certain.
I'll be checking the candle formation on Monday morning for a 3-bar reversal for a buying opportunity within the Bullish Parallel Channel and I will observe how the market will react at Point D of the Crab Pattern.
Bat within the Crab Earlier I posted a bearish crab and I completely missed this bat within the crab, this gives us a better confluence of events if price reaches the D point, so definitely set an alarm and watch price if it reach there for the short!
EURUSD-Weekly Market Analysis-Sep21,Wk3Last week, I've shared with you a Bearish Shark and Bearish Crab Pattern. If you have engaged the trade, that would give you 83pips of profit, which is 830USD/lot traded and you have not reached the first target yet.
If the market retest 1.1800, that is an opportunity for you to engage for a shorting opportunity.
I will be waiting for a double top when the market retest at 1.1776-1.1750 for a buying opportunity.
USDJPY - Bearish CrabThe Bearish Crab pattern meets the X point of the Bearish Bat pattern. By 1000(UTC +3) or 1500(GMT +8) could be the decision point for those who are seeking to short this pair.
EURUSD-Weekly Market Analysis-Sep21,Wk2Two Harmonic Patterns Converge at 1.1892. I'm waiting for a retest at that level for a shorting opportunity on the Bearish Shark and Bearish Crab Pattern.
Both Shark Pattern and Crab Pattern is a counter-trend setup and it is more likely for this pattern to consolidate, retest and retest before the actual move.
Once the market retest the Bearish Channel, it will be a great idea to shift stop-loss to entry.
Bearish Crab PCZ reached There's really not much to point out here. This is purely based off the crab pattern no divergence or anything special except that it's overbought.
EURUSD-Weekly Market Analysis-Aug21,Wk3A Bearish Harmonic Patterns, to be precise a Bearish Crab Pattern has emerged. If this Crab Pattern is going to happen, it will hit 1.1808 by Monday, 16Aug21. If not the setup is just too weak to interest me for the trade.
What's nice on this setup is that the Harmonic Pattern completes within the consolidation zone.
