A short on S&P at 5770S&P has been moving up quick strongly over the past few days. It has reached a level that is a strong resistance and we will show this pair today.
1) There is deep crab pattern
2) H1 is overbought
3) There is RSI divergence on M15, M30 and H1
We will take profit when RSI is oversold.
Crab
VIX Angry Crab Is Set to Spike .The VIX Angry Crab is about to make its move, and it’s ready to pinch! Starting from a cozy 18, this volatile crustacean is eyeing its next targets: TP1, TP2, and TP3.
Whether it’s a scuttle upward or a sideways shuffle, traders beware—this crab doesn’t just crawl, it spikes!
Keep your stop-loss nets ready and your trading claws sharp because when the Angry Crab gets riled up, it’s not just a market indicator; it’s a market mood swing.
As always, make your decisions wisely—after all, even the boldest crab can sometimes get caught in a tide.
SEYED.
Analysis of CAC 40 Index The CAC 40, France's leading stock market index, has recently captured the attention of investors as it nears a significant milestone of 8160 points.
According to technical analysis, the index might be on the verge of a notable downturn, potentially influenced by the bearish "Crab" harmonic pattern.
This formation hints at the possibility of a sharp retracement following a peak, driven by shifts in market sentiment and economic factors.
As the CAC 40 approaches this crucial level, investors should exercise caution, as a potential break below this threshold could trigger heightened volatility and put further downward pressure on stock prices.
USD/CHF: Bearish Continuation Towards Key SupportUSD/CHF has maintained a strong bearish trend, forming a series of lower highs and lower lows. The chart highlights a **Deep Crab** harmonic pattern, which previously triggered a corrective move before resuming its overall downtrend.
Currently, price action is trading near **0.8767**, approaching a key support zone at **0.8722** (HOP level). The recent rejection from the **H4 supply zone** around **0.8920** further confirms bearish momentum, suggesting sellers remain in control.
**Key Considerations:**
- A breakdown below **0.8722** could accelerate further downside, extending losses towards lower psychological levels.
- A potential pullback may occur if buyers step in at support, but the overall bearish structure remains intact unless a significant reversal signal appears.
**Conclusion:** USD/CHF remains under bearish pressure, with a high probability of further declines. Traders should monitor price action at support for potential continuation or reversal signals before committing to new positions.
EUR/JPY Market Analysis: Potential Reversal at Key Resistance LeThe EUR/JPY pair, on the 4-hour chart, exhibits a strong bullish impulse that recently peaked around 163.64 , aligning with a key Fibonacci extension level (1.618). This area marks a critical resistance zone, where price action has shown signs of rejection.
The Harmonic pattern, such as the b]Crab , suggest potential exhaustion of the uptrend. The latest leg upward reached a 2.618 extension , reinforcing the possibility of a corrective move. Support levels to monitor include ** 162.23 ** (BC) and ** 160.59 ** (T1), which could serve as downside targets if bearish momentum gains traction.
For traders, a decisive break above **163.64** could invalidate the short-term bearish bias, paving the way for further upside. Conversely, sustained rejection from this level may trigger a deeper retracement towards key Fibonacci and harmonic support zones.
Conclusion : The pair is at a critical inflection point, where price action and confirmation of rejection signals will determine the next directional move. Traders should watch for price action at resistance and key support levels to assess trade opportunities.
Bitcoin reversal confirmed ?!Bitcoin reversal confirmed ?! 👀
I would like to present you some charts with important levels and relevant patterns.
🖥daily-chart (BITSTAMP) and 💡everything important in the chart 👀
💥Here in the daily chart (BITSTAMP)
- a Deep-Crab harmonic with
- a WolveWave
and the daily-chart of the
🔥Daily MA200 re-test 👀
- gap fill
- support-line 2022 and 2024 TOPs
👉 BITCOIN roadmap/outlook (from 27th february 2024) 💡
🎯 If you like this idea, please leave me a 🚀 and follow for updates 🔥⏰
Furthermore, any criticism is welcome as well as any suggestions etc. - You're also very welcome to share this idea.
Have a nice evening & successful trading decisions 💪
M_a_d_d_e_n ✌
NOTE: The above information represents my idea and is not an investment/trading recommendation! Without any guarantee & exclusion of liability!
BTC Macro - Medium Short Term - Trivial Analysis BTC Macro - Medium Short Term - Trivial Analysis
Projected Target based on previous time frame fib extension:
Trend based Fib Extension from LL begining 2024 to HH to LL - extension 2.0
Current (Point A):
Local CRAB Harmonic Target previouse fib 2.0 target
X A B C D -> crab pattern with fib extension pointing to target from Fib noted in point A
----
If I get anymore warnings from TradingView on False advertising - I will stop posting all together!
USD/CAD - Harmonic Patterns and Momentum IndicatorsTechnical Analysis of USD/CAD - Harmonic Patterns and Momentum Indicators
Overview:
The USD/CAD chart illustrates price action on the hourly timeframe, incorporating harmonic patterns, Fibonacci retracements, and momentum indicators to identify potential reversal and continuation points. The presence of a Crab harmonic pattern suggests a critical turning point, while momentum oscillators provide additional confirmation.
**Harmonic Pattern Analysis:**
1. A **Crab harmonic pattern** is evident, with the price reaching the terminal point at approximately **1.44627**.
2. The **XA and BC Fibonacci extensions** align with key retracement levels, reinforcing the likelihood of a reversal at this zone.
3. The price has **rejected the high point**, indicating potential exhaustion of bullish momentum.
**Support and Resistance Levels:**
- **HOP (Harmonic Optimal Point):** **1.44627** - The potential completion zone of the Crab pattern.
- **XA Retracement:** **1.43968** - A key structural support level.
- **BC Level:** **1.43721** - A secondary support level for price continuation.
- **T2 (Target 2):** **1.42596** - A potential downside target if bearish momentum continues.
**Momentum Indicators:**
- **Stochastic RSI & Relative Strength Index (RSI):**
- The **Stochastic RSI** shows a recent overbought condition, followed by a decline, indicating potential bearish momentum.
- The **RSI also exhibits bearish divergence**, where price made a higher high while RSI formed a lower high, suggesting weakening bullish strength.
**Market Sentiment & Potential Trade Opportunities:**
- Given the rejection at **1.44627**, a **short position** could be considered if confirmation of further downside emerges.
- A break below **1.43968** could reinforce the bearish bias, with **1.42596** as a potential target.
- However, if the price finds support and rebounds, a bullish continuation could be anticipated, requiring further validation.
**Conclusion:**
The **Crab harmonic pattern, overbought momentum indicators, and Fibonacci confluence suggest a possible bearish reversal**. Traders should monitor **key support levels and momentum shifts** to determine whether the bearish scenario plays out or if buyers regain control. Risk management and confirmation signals are crucial before entering a trade.
GBP/USD: Distribution Signals a Drop to 1.25GBP/USD appears to be in a distribution phase, struggling to break through resistance around 1.2620. The price has formed multiple rejection points at this level, indicating weakening bullish momentum.
The recent lower high, combined with a potential break of the ascending trendline, suggests sellers are regaining control. If price breaches the key support zone, a move towards the 1.2500 region becomes increasingly likely.
With a bearish harmonic pattern and liquidity grab indications, GBP/USD could see further downside as selling pressure intensifies.
GBP/USD at Key Resistance: Potential Reversal or Continuation?The GBP/USD 15-minute chart indicates a strong uptrend, with price action forming a **Crab harmonic pattern**, suggesting a potential overextension. The pair has reached a key resistance zone at **1.26323**, aligning with significant Fibonacci levels, with the **Harmonic Optimal Point (HOP) at 1.26469** acting as a potential reversal area.
If a pullback occurs, the first downside targets are 1.26127 and 1.25993 , while the ** 200 EMA ** below may provide further support. A sustained break above 1.26469 could signal continued bullish momentum. Traders should monitor price action for confirmation before positioning accordingly.
GBP/USD Market Analysis – Bearish Reversal from Harmonic PatternThe GBP/USD pair has completed a Crab harmonic pattern , with price reaching the 1.618 extension level and reacting strongly at resistance near 1.2617. The rejection suggests a potential bearish reversal.
Initial downside targets (T1 and T2) are at 1.2515 and 1.2445. If price sustains below 1.2593 (AB=CD level), further downside is likely. However, a breakout above the high could invalidate the bearish setup. Traders should watch for confirmation signals before taking positions.
Copper Bearish Crab Pattern
In 2024, copper prices have exhibited notable fluctuations, driven by macroeconomic trends, industrial demand, and supply constraints.
Key Fibonacci retracement levels have played a crucial role in shaping market movements. With the 0% level at $3.96, the 23.6% retracement at $4.11 acted as an initial support, while the 38.2% level at $4.225 provided stronger stability.
The 50% retracement at $4.28 served as a key equilibrium zone, with the 61.8% level at $4.361 marking a critical support for potential reversals.
According to the harmonic Crab pattern , the 161.8% Fibonacci extension near $5.00 is expected to act as a major resistance. If the price reaches this level, a sharp bearish reversal is likely due to overbought conditions. A rejection at this resistance could drive prices down toward the support zones, completing the harmonic correction phase.
However, a breakout above $5.00 could invalidate this scenario and lead to further bullish momentum.
If you like this trading idea and want to stay updated with the next one, please give it a thumbs up and follow along! Your support means a lot, and I’m excited to share more insights with you. Let’s embark on this journey together!
SEYED.
Harmonic Within a Harmonic on Gilead. GILDThey are crooked looking, but are present. Another tangent of evidence on the obvious fractal nature of markets. That thick candle to us confirms break of trend and the underlying indicators are also suggestive. It is prudent to note that the indicator readings have been formed by price action, volume and volatility immediately coming prior to that candle. Good luck out there!
GBPUSD BULLISH CRABHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Selling FTSE at the all time high of 8690The FTSE has reached a critical level and looks ready to come down.
1) There is a double top on D1 with Divergence
2) There is a huge pattern to sell for the 2nd time and target 8260 area
3) There is a smaller pattern to sell as well with a smaller stop loss.
We will take this trade with a smaller stop loss and the big target. This will be a long term trade that may take time to materialize but we will actively monitor it for profits.
USDJPY with a 2.95 Profit Factor on the 1-Hourly ChartI’m keeping a close eye on USDJPY right now, and here’s why:
- High Profit Factor : Target 1 offers a whopping 2.95 Profit Factor, which is quite attractive.
- Timing : Even though NFP is coming up tomorrow, this trade is on the 1-hourly chart. It’s possible that price action could reach my first target or meet the criteria that allows me to shift my stop to entry, thus achieving a risk-free trade, before the big event.
Key Points to Remember:
- Volatility Alert : NFP can cause sudden market movements. Keep that in mind and monitor your positions closely.
- Risk Management : Once the market fulfills the criteria for Target 1, I plan to shift my stop to entry. This approach helps protect any unrealized gains and reduces stress during high-volatility news.
If you’re considering this trade, stay cautious around the NFP release, and remember to include our stop-loss buffer to manage your risk effectively.
What’s your take on USDJPY heading into NFP? Are you eyeing any other setups? Share your thoughts below!
Happy trading, everyone! 🚀
UK100 Deep Crab Pattern
The harmonic pattern suggests a deep pullback in the London Stock Exchange index, with a potential drop from 8700 to the level of 8400.
It looks like we might be in for a bit of a rough ride in the market.
Keep an eye on your investments and be prepared for some fluctuations ahead.
It's always good to stay informed and stay on top of the latest market trends.
FNMA near term resistance possibleFNMA daily update
Government has determined a path to release from conservatorship, if this happens then this stock will be relisted and be worth a lot more than the current value
At present the stock is nearing a short to medium term resistance level using elliot wave and fibonacci/ harmonics between $4.62 and $4.69
There is a clear crab pattern that aligns with Robert Miners 5th wave projection levels as well, with RSI closing in on 80 which is extremely overbought (But largely irrelevant in trends)
It does hint that there will be a short to medium term pause which would align with getting more details of the plan to release these massively profitable behemoths from government conservatorship
I've been long on this stock for years and already pulled my original money back out, but see some complex corrections happening for a while around where we are before blasting upward into a larger wave 3 structure
NRT NYSEOil and Gas Royalty trust
Multiple reasons to buy, but I will not be as my local broker does not enable purchases for this
Interesting chart with decent fundamentals
I do not know the rules around royalty trusts, or if you can trade these or purchase only and what the terms are on the lease agreements to extract oil and gas...