Crab Forming 🦀US30 - After 2 successful entries yesterday price broke and a close below the DL, price broke structure and now has bearish momentum on the HTF/LTF so i'm only looking to go short.
Price is currently ranging, creating liquidity.
We have an imbalance zone with a refined OB from the last push yesterday, this is where I believe price will pull back to staying within the bearish range before continuing short to the Crab's D point.
(This is where I will look to take US30 short again if the highs are respected)
Whats your thoughts?
Benalistar
Crab still valid 🦀US30 - Crab Still Valid, HTF PA is still bearish even after the last push to the upside yesterday.
(This was expected to cover previous imbalances, we can also see a HTF Double top forming, now the LTF is Bullish)
I expect a small push to the downside to clear the liquidity, before a retracement then a continuation from the PRZ (Red dot), I will analyze PA on a smaller TF and take action accordingly!
Happy Friday 🤘
Gold Daily 🦇 Almost complete! Gold is breaking the hourly high and is heading towards the liquidity zone/DH.
Price isn't really in a good position to buy or sell without using a high SL which I'd rather not do.
I'll wait until price completes the bat and here we have a strong supply zone with confirmations for a short, or pulls back into a good position to buy.
Shark and BOS 🦈After taking 350 pips yesterday from USOIL, price broke the DL and closed below, price now has bearish momentum.
Price has retraced to the .886 on the 1H, so if the 1H high doesn't break, ill be looking to take this short again down to the next D point of the Daily shark.
Let me know your thoughts!
Potential Crab Forming 🦀GBPCAD - I'm waiting to see if PA breaks the Daily Lower High (Close to the X point) Price broke structure on the weekly to the downside and daily is also bearish, right now we have a 0.382 pullback on the weekly which has created the new Daily lower high, price is at a pivot point, could go either way.
We have trapped liquidity above and also imbalances to fill (Which the crab pattern completion fills nicely, giving us very nice entries for shorts) So it would make sense for price to head in this direction however....If the bears are too strong, momentum could continue down...
Whats your thoughts?
Bearish Shark with Daily BOS! 🦈USDJPY - Potential Bearish Shark, Price rejected from the weekly supply zone.
We've had a BOS to the downside on the daily TF (Red Line) Price has pulled back and rejected from the .886 filling all imbalances.
I now expect price to break the DL.
But I will watch PA and wait for better entries on the LTF!
let me know your thoughts!?
Bullish and Bearish Shark! 🦈GOLD - Potential bullish sharks with bullish Daily/Weekly PA, however price is pulling back and forming another bearish shark and has broken structure to the downside on the 3H TF.
If price doesn't break the current DL i'll look to go long, if price does break ill be looking to short the CD leg of the bearish shark before looking to take this long around the 1760.000 level.
For now I watch price action on LTF and wait for confirmation!
Whats your thoughts?
Daily Shark Complete US30! 🦈US30 - Based solely on PA I'm currently looking for reversals now, so far i've been scalping everyday from the 3450 level, taken over 1000 pips, but as we know price can't rise forever, we have a completed shark pattern and a break in momentum, however I'm still expecting another push to the upside/double top.
I'm waiting for confirmations to take US30 short.
Let me know your thoughts?
Weekly Downtrend Continuation?EURUSD - I missed the drop today (Check my previous analysis) by 2 pips...
I had a limit order set, I was hoping price was going to take out the liquidity between the C/A point of this shark, but it just missed...
Now price is pretty central and I don't like to trade in this area.
On the Weekly we're in a downtrend, so I predict a pullback then a break of the lows
(I also have multiple HTF weekly/Daily Deep crabs) pointing bearish and PA is also indicating the same, hopefully we get a pullback and price takes out the liquidity above before dropping!
Let me know your thoughts!
2 Sharks 🦈 (Bearish to bullish)USDCHF - Price created a new weekly low at the .886 from the previous low.
Weekly PA is bullish so I expect price to reject from this zone and head towards the highs (Or at least the quaterpoint the red line).
We have a Daily shark pattern that completed right on the weekly low and we have a break in the lower TF bearish momentum.
We have a 1H BOS which is another indicator of a possible reversal, so I will wait for the price to return towards the D point/lows and then start looking to take this long.
Whats your thoughts?
Daily Shark Complete On New Weekly Low!GBPCAD - Looking to swing long, just had a daily shark complete at the weekly demand zone (Which is a new weekly low) Price rejected at this level.
Now we have a break of momentum and BOS.
I'm waiting for a pullback the greenzone (1.69320) area (I'm scalping a short there at the moment) before potentially swinging this long if PA confirms it!
Let me know your thoughts!
Potential Butterfly/Crab for PRZ We have a butterfly thats almost complete and a potential crab too if price doesn't respect the butterfly on the HTF (This could indicate a potential PRZ)
If we get reversal signals at either of these levels or in-between then we can be safe to take this short.
But for now momentum is still bullish on the LTF, we have BOS to the upside and a nice momentum trendline (Which is close to the D point of the butterfly, so im waiting for a break in momentum and BOS before potentially shorting this.
Let me know your thoughts?
Potential Bat Forming - Weekly Pullback? GBPNZD - Looking bullish on the lowest timeframes, potential bat forming here using the Daily highs/lows.
Price again broke the momentum trendline on the LTF, and we had a BOS on the LTF/HTF which created liquidity then price started trending bullish following the pattern of the bat, I will be looking to trade this CD leg based on the confluences and PA movement.
Let me know your thoughts?
Butterfly Complete - Now Potential Bat!USDCAD - Looking bullish, we had a butterfly pattern complete on the D point which was also a previous weekly BOS zone.
Price then broke the LTF momentum trendline and broke structure on the 3/4H TF creating EQH, indicating bullish momentum.
Price is now making LH & HL and we have a potential bat forming, this bat fits nice with the weekly downtrend as the.886 lands in a weekly supply zone and is a good place to look for shorts if the weekly downtrend continues (Once/if price reaches that zone!)
Let me know your thoughts?
Potential Daily Crab and Bat Almost Complete!GBPUSD - Weekly supply zone is strong, the pennant failed to break to the upside, so now i'm looking bearish on the HTF.
Price has created EQL and EQL, I want to see this Bat pattern complete, possible with a stophunt on London/NY (4th hit to the high before price falls) to take out the liqudity before falling back towards the previous weekly low and continuing the HTF trend.
Let me know your thoughts!
Shark Almost CompleteEURUSD - In a weekly downtrend, price has now come close to the .886 on the weekly pullback (Also creating a shark pattern) Price could extend to 1.13 on the shark but as long as the daily closes back below were still good to go short here.
Now price is ranging creating liquidity, I'm waiting for one last liquidity hunt to the upside before potentially taking this short and the target will be the previous low for a swing and multiple entries for scalps.
Let me know your thoughts!
Butterfly, Pennant a & Liqudity! GBP/USD INSTANT BUY 📈
ENTRY: 1.37778
TP: 1.38880
SL: 1.37624
Re-entry ⚠️ (Risky use low lots to start)
PA is still bullish, we have a pennant on the Daily (If this breaks price will fly) We also have some nice intraday bullish patterns and trapped liquidity above, only downside is were inside a weekly supply zone so it's bull vs bears at the moment, but I'm flavouring bulls!
We already took 30 pips earlier, and PA is still looking good for buys, lets see if we can take some more! 🤘
Potential Butterfly & Imbalance FillUSDCAD - Looking for price to pullback to fill the imbalance or hit one of of my other confirmations, I have 3 possible entries here that I will take if price pulls back, the safest one will be on the line of the D point of the butterfly, because the retracement is the deepest and it's close to the DL which is now trending up, ill take all 3 on LTF but for a swing you can take any of the entries and use a larger SL to cover the DL!
Whats your thoughts?
Daily Pennant + Crab on HTF GBPUSD - Price is sitting on weekly supplyzone and has created EQL highs, we also have a Daily pennant forming (Trending continuation) If confirmed. (We also have a crab on the HTF with the D point landing on the target of the potential pennant)
Price could go either way, I will scalp this today bullish based on the momentum, LTF PA and the liquidity trap at the highs but for any HTF swings I'd wait to see if this pennant confirms or price rejects.
Let me know your thoughts!
Potential Bat Long GBPNZD - Yesterday Price created a new low on the Daily TF, then broke structure to the upside on the LTF creating liquidity, I'm expecting a retest of the lows (Potentially following the pattern) before trading the CD leg, I have 3 possible entries long here.
Whats your thoughts?
Crab Complete & Potential H&SUK100 Crab complete with potential double top (Not confirmed yet though until neckline is broken)
I have entered early just based on LTF analysis, so that has made this trade a little riskier, but the probability of this falling are greater than rising so for me it was worth the risk, if hit's SL we just get back in a little higher and ride the wave down bringing all that 💰back in!
Whats your thoughts?
Potential Deep Crab GBPJPY - Potential deep crab forming, I will wait to see if price rejects from the daily low or breaks down to the crab D point!
I'm still overall bullish on this pair on the HTF I have a crab on the weekly projection, I would see this move as retracement > continuation.
Whats your thoughts?
Shark To Break Daily Low USDCAD - Downtrend on HTF, daily lows were broken but price retraced (Also through a quaterpoint),
I already entered this trade but I thought I'd share with you guys if you wanted to get in late, I'm expecting the lows to break due to the downtrend PA on the HTF , however price could easily reverse from the quaterpoint so partial out before then if you get in!
If you have any other views please share them!