GREEN JANUARY 💹Hi everyone , this my DOLLAR IDEA for the next weeks ,
Everything is explained on the chart ,,
Along with a simple forecast for the possible scenarios ,,
if you like the setup give it a BOOST & FOLLOW for mare ,,
TRADE SAFELY .
Crab
Bearish CrabNZDCAD has been on bullish trend for some time now, few days back we saw a rejection at the strong resistance with reversal candles. The prices have printed a bearish crab and already we have missed some pips down. However, it is not too late too jump in. This setup was supposed to published when the price was still at the resistance zone to avaoid risk management confusion. Wish you all the best. Let's Download Success.
Perfect automated detection of Butterfly & DeepCrab PRZ - LongA bullish-type Butterfly pattern occurred.
If the price drops to 20.226, a bullish-type DeepCrab pattern could occur.
Also on the daily chart, bullish-type BlackSwan pattern is occurring.
Long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
EURUSD-Weekly Market Analysis-Dec22,Wk3EURUSD is on a Bullish Trend. However, I am waiting for a counter-trend trading approach. I've two ways of engaging the trade.
The first way is to wait for candlestick confirmation and take the trade based on the Weekly Chart's Key Resistance Level in combination with a Bearish Crab Patterns trading setup, a more aggressive approach is to wait for a break and close below the trendline on the 4-hourly chart to engage the trade. So let me know if you need the analysis on this.
AbbVie (ABBV) ... Call a Medic please What Happens when Bearish Harmonic Crabs and Cyphers Meet ??
Of all the major 11 S&P sub-sectors, the Health care (XLV) seems the most technically vunerable. (see insert)
Herein we have a well formed Gartley pattern waiting to roll over.
Drilling down to the major holdings of this index, AbbVie Inc. (ABBV) also looks the most vulnerable and ready to roll over,
I see two cypher patterns and one crab terminating. That said, latter is under-formed and I would like to see this crab in waiting terminate in the low $170's to short or exit a long position.
Also the Cypher patterns sometimes turn into Sharks... another eventuality that may happen.
Additionally my momentum indicator in the lower panel needs to decisively roll over.
So we need more pieces in place.
Lots of volatility this week, the Fed, Oil and probably the beginning of holiday constricted trade,
I will advise of a position taken.
Not Investment advice, do your own due diligence and respect overall broad markets and trends,
S.
Perfect automated detection of Butterfly & DeepCrab PRZ - ShortA bearish-type Butterfly pattern occurred.
If the price rises to 0.87450, a bearish-type DeepCrab pattern could occur.
Also on the daily chart, bearish-type Butterfly pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
EURUSD-Weekly Market Analysis-Dec22,Wk2The Overall Trend of EURUSD is a Bullish Trend. There are a couple of ways you can engage in this trade.
Wait for market retest at 5-0Pattern at 1.0515 for a buying opportunity or a shorting opportunity at 1.0581 by using the Type2 Bearish Shark Pattern as a counter-trend trade that could form a combo trade with EURUSD Bearish Crab Pattern on the Daily Chart.
Sunpharma Breakout of Contracting Triangle and Double BottomThe idea here is about Sun Pharmaceutical Industries Ltd:
Sun Pharmaceutical Inds. Ltd is an international specialty pharma company.The company also makes active pharmaceutical ingredients. In branded markets, their products are prescribed in chronic therapy areas like cardiology, psychiatry, neurology, gastroenterology, diabetology and respiratory.The company is engaged in manufacturing of product in the following therapy areas:CNS disorders,Cardiology,Diabetes and Metabolic disorders,Gastroenterology,Ophthalmology ,Oncology,Pain,Allergy, Asthma and Inflammation and Gynecological.
My view is bullish for the below observed technical factors.
Points as per TA on a Weekly Chart:
1.Contracting or Symmetrical Triangle breakout on a weekly chart as per below:
2. Double Bottom Breakout on a weekly chart with huge volume as per below:
3. Bearish Deep Crab harmonic pattern CD leg in progress at the time of publishing as per below:
4. Trading way above 20 & 200 EMA on a weekly chart as per below:
5. Trading above 20 & 200 EMA on daily chart.
6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily, weekly & monthly chart is Strong for an upward momentum at the time of publishing. Hence the trend is very strong.
7. RSI is at 62.43 on a weekly Chart and 70.09 on daily chart at the time of publishing.
8. MACD above signal line on weekly & daily chart.
9. Hull Moving average and other moving averages on a daily,weekly & monthly chart is a strong buy.
10. ADX (Average directional index ) trend strength is at 15.17 on a weekly and 23.25 on a daily chart which indicates a absent or weak trend (ADX between 0-25 is a Absent or weak trend) However, the trend seems to be picking up on upward momentum.
Projected Target: provided in the chart as per double bottom & Bearish Deep Crab harmonic pattern.
Stop Loss: Provided in the chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
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Do leave your valuable feedback & comments for any improvisations.
Cheers.
DeepBrain Chain : THE AI COIN THAT CAN FLY WITH 300 % UPIt seems that there is a lot of excitement and interest in the potential of AI and its applications in the coming years. Companies and persons like Elon Musk with OpenAI are making strides in developing advanced AI technology, and this has sparked interest in AI-related products.
the DeepBrain Chain coin can play an important role coming time, which some believe has the potential to show strong growth in the future. This study, based on technical analysis, predicts that the coin could reach a target of 300% in the coming time.
It is always important to thoroughly research and carefully evaluate any potential investment before making a decision.
this is not trading advice, but the coin has the possibility to increase in the coming time.
This coin is at this moment on Gate exchange
More info about Elon musk project
chat.openai.com
Bearish Crab on USOIL: Bearish Continuation Expected This WeekWe have a Bearish Crab with MACD Bearish Divergence at Last Week's high on USOIL after a reaction to the PCE report. I'm expecting that we have reached a top for the week and that we will continue to make the bigger move to the downside to continue the trend started by the 4HR Bearish Bat Trade Below.
I will be waiting for the stock market to actually open before taking the trade if it's still within the Pattern Completion Zone by then.
#EURJPY Short
1- Pair is in downtrend and updating lower high and lower low.
2- Pair is trading under falling reistance in H4.
3- Harmonic pattern Bearish Crab formation
4- Important daily and H4 resistance ahead.
5- Short with candlestick confirmation
Perfect automated detection of DeepCrab pattern - ShortA bearish-type big DeepCrab pattern occurred near the resistance zone of 1.4560-1.4720.
(In this resistance zone , there was a rebound in 07 Feb 2022, 21 Dec 2021,...)
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Diamond top patternContinuation sell
Look to ride the wave down
Diamond top pattern
Short until 1.39
Green line last TP
EURUSD-Weekly Market Analysis-Dec22,Wk1If you missed the trade ideas of EURUSD on Friday, this might give you a 2nd chance to engage in the trade. With that said, do your market analysis and not follow blindly.
What's nice about this trading setup, the three primary timeframes I'm looking at has all the bearish trading setup I need.
Daily Chart - Bearish Crab setup
4-hourly Chart- Ascending Channel with RSI Divergence on overbought region
1-hourly Chart, Bearish Shark Pattern retest
GOLD H4Hi traders, GOLD i am waiting for price to come around our mentioned pattern completion area and looking price action on the top for a short position opportunity GOOD LUCK.
ADAUSD | Wave Analysis | Giant Bull Flag Ending Diagonal +60%Price action and chart pattern trading
> A possible ending diagonal minor 5-wave with a bull flag pattern as well as RSI bullish divergence
> An upcoming reversal supported by a strong harmonic pattern - bullish deep crab squeezed below EMA20D - Entry point zone
> Target TP1 @ Upper bull flag resistance zone +30% and TP2 @ X2 of Bull Flag EMA200D zone +60%
> Stop Zone @ lower support of bull flag -10-15%
> Risk reward ratio: 2:1 and 3:1 for short-medium term trade
Always trade with affordable risk and respect your stoploss, nothing 100%
GOLDHi traders, watch GOLD with your own according strategy and look for a long position opportunity for a short term trade setup GOOD LUCK.
Bearish Deep Crab NZDJPY 4HRWe have come to a very strong area of resistance on NZDJPY We are looking for a significant drop in price
EURUSD - LongThis a very short-term trade with very tight margins.
1. The price has likely support of around 0.618.
2. Latest price action in a downward trend with a CRAB Harmonic Pattern.
#BTCUSDTConsidering the strength of the price drop, it can see a lower level, most likely the first destination of PRZ can be the Crab Pattern
Shiba Inu ,,, Bat 🦇 or crab pattern 🦀It is bit difficult for analysts to recognize this pattern
,But I hope that the bat 🦇 pattern will take place , set the loss limit and the profit limit so that you don't lose ..
ETH Butterfly there is a butterfly pattern(grren pattern) in eth.
the target is 823 and sl is 730.
if the 700 was broked, we should say hello to 525 .it is the target of a crab pattern in log scale.
