Bearish Crab
GBPUSD on Uptrend ChannelBase on trend the bull still on it strength so i provide this idea with a Bearish Crab movement.
watch out for level 1.31849 as it stop there or slightly above at point "B" and a short bearish movement and continue to break up the main uptrend channel as a new higher high. big picture will be provided soon. all the best trades ^^/
USD/CHF 4H Bearish Crab @ MAJOR Structure levelFollowing break of bearish channel pair is targeting major structure level, at 1.00500, that has been respected number of times in the past. Below that level pair is potentially forming Bearish Crab pattern completing right at 1.00500. Setup is meeting my trading and risk managment rules, and will be entering this with a limit order as cab patterns tend to be very distinct on this particular pair. ATR based stops +10pips.
EURJPY - Forex Market| Harmonic Patterns Technical AnalysisEURJPY - Currency Trading - Forex Market - Harmonic Pattern Technical Analysis
Technical Analysis
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Trade Period: Intraday Trading
Currency Pair: EURJPY
Time Frame: 45Minutes
Predicted Direction: Short
Trade Based On: The Bearish Bat Pattern or The Bearish Crab Pattern (Harmonic Patterns)
Another pattern : Diamond Pattern
I will open Sell if the price will make fake broke of @124.435
goal @123.989, stop loss @124.824
- Price bounced several times from key level
- Yesterday the price moved up-down it was diamond pattern.
Price is so close to the key level, I wait for confirmation.
We will open sell the price will show fake broke only.
GBPCAD possible Short opportunityIn the last 4 months the price of GBPCAD found a heavy resistance in area between 1.73000 - 1.71800. Now the price is getting into that area again and that suggests that the price might bounce of this area again. Combined with a Triple top and bearish crab, this should be a great risk to win Short trade.
GBPUSD - Weekly Market Analysis - August 2018, Week 5What a great week right. Last week I've shorted the trade based on bearish crab formation, though it is a bit shy from the sell zone(pink box) I was looking at, it is good enough as the market direction was pointing at the same direction I'm looking to trade. A trade is a trade.
In this coming week, I'm still waiting to short in the pink zone, note that the bear crab still in place as market only completed target 1.
Traders who have yet engaged the trade, I'm looking at the pink zone still, well.. enough of that ;)
I have another way to engage the trade, and that remains well in kept secret for my inner-circle(subscriber).
You can be a part of it too, just PM me.
Cheers..
EURJPY - Short - 2 Precise HarmonicsBearish Gartley (Blue) and Bearish Crab (Orange)
Both RSI and OBV seem to be heading into resistance. RSI currently at 65 so not a whole lot of room to go up. Looking for OBV/RSI to break below trendlines.
Red box is important order block on the 4H in this price range, 132.2 makes sense for SL.
1W cloud just turned bearish and USDJPY has formed bearish butterfy; Black horizontal is important weekly S/R
Entering at 131.35 with orders layered up to 131.9
Initial targets of 129;128.5
Bearish Bat CADJPY 1HHi traders,
Bearish CADJPY on the 1H has been completed. Wait for a double top (M) formation on the 15M or 1H chart for a clear sign to enter the trade. Best case scenario would be a double top at the high of the day or a sign of weakness at the ADR high.
An entry right as soon as the pattern fires is also possible, but further price action knowledge is required to manage a trade right at the peak. Please be careful.
This is not a trade recommendation and I am not responsible for your gains/losses.
Take care,
Ray
Bitcoins Harmonic SymphonyAs you can see, since mid January we have had multiple harmonic patterns play out with extreme accuracy.
Starting with the Bearish Gartley that sent us from 12k all the way down to our low of 6k.
This of which completed a beautiful Bullish Butterfly that has sent us soaring to where we are now.
After an 80% increase from the bottom, we now have multiple Bearish Gartley patterns forming. Most of which are showing completion within the same zone.
The chart above shows many possibilities. We have a Bearish Bat , Bearish Butterfly and even TWO Bearish Crabs .
Three of which are showing heavy resistance from 10.8 through 11.1k. Meaning this could be an excellent short opportunity.
If Bitcoin manages to break past the 2.618 fib level, the next major resistance would be the downward trendline. Then the completion of the Bearish Crab extension following.
If these patterns complete themselves, my first major target is $9.1k
Possibility giving us all another great buying opportunity!
I wish you all the best of luck!