USDJPY-Weekly Market Analysis-Sep22,Wk5Monetising on the idea that USDJPY has a completed Bearish Crab Pattern on the Daily Chart, I'm waiting for this odd-looking Bearish Shark Pattern to complete at 145.27.
Normally, I wouldn't have factored in the fact of BOJ intervention that makes the chart an odd-looking one, but because the level of the PRZ within the shark pattern converges, I'm going to observe how the market reacts at 145.27 before engaging the trade.
Crab
Perfect automated detection of Crab pattern - ShortA Bearish-type Crab pattern occurred near the resistance zone of 1.696-1.718.
(In this resistance zone , there was a rebound in Jul 2022, Aug 2021,...)
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.652-1.663.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Perfect automated detection of Crab PRZ - ShortA Bearish-type Crab pattern with a clean waveform may occur when exceeding 1.1307.
There is also a resistance zone at 1.129-1.136.
(In this resistance zone, there was a rebound in Oct 2017, Mar 2016,...)
Short after pattern generation and 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
Crab Harmonic and Head and ShouldersA bearish Crab Harmonic and a Head and Shoulders. These are actuallythe most reliable chart patterns playing out. Some swing traders seriously considering a double top from Alt-Time-High but before this we have an imponent H&S that became valid from the fulfillment of your pullback to the neckline and really more reliable. So, I'm targeting a reliable level at 14.6% of the Fibonacci retracement. As we can see on this daily chart I'm adding a confluent projection from the prior bearish CRAB Harmonic. This extension of Fibonacci ratio is in fact 1.278 wich is the square root of 1.618 from a AB=CD pattern.
💵Euro/New Zealand Dollar💵 Analyze🦀/Rising wedge!!!Euro/New Zealand Dollar was able to make a Bearish Deep 🦀Crab🦀 Harmonic Pattern & Rising wedge near the Resistance zone.
I expect the Euro/New Zealand Dollar will start to go down at my TRZ(Time Reversal Zone) to the 🎯targets🎯 that I showed in my chart.
🔅Euro/New Zealand Dollar (EURNZD) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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USDJPY-Weekly Market Analysis-Sep22,Wk3USDJPY's daily chart has a potential bearish crab setup and the 1hourly chart has a potential bullish crab setup.
On the current timeframe, USDJPY has respected the HOP level and reversed, what interest me more is the buying opportunity it presented.
When market opens on Monday, I will wait for a retest of support for a buying opportunity.
Perfect automated detection of BlackSwan & DeepCrab PRZ - ShortA Bearish-type BlackSwan pattern occurred.
If the price rises to 18.142, a Bearish-type DeepCrab pattern is likely to occur.
Also on the weekly chart, Bearish-type BlackSwan is occurring.
Short after seeing the rebound.
*Harmonic patterns is automatically detected using the indicators below.
- Harmonic auto-detect PRO
📉✌USDCAD Short position ✌📈FX:USDCAD
You can enter a short position between Now and the Yellow area.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP 1&2&3 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Perfect automated detection of Butterfly & DeepCrab PRZ - ShortA Bearish-type Butterfly pattern occurred near the resistance zone of 1.5220-1.5260.
(In this resistance zone , there was a rebound in Jul 2022, Feb 2021,...)
If the price rises to 1.5248, a Bearish-type DeepCrab pattern is likely to occur.
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
Perfect automated detection of Butterfly pattern - ShortA Bearish-type Butterfly pattern occurred.
Also on the daily chart, Bearish-type Butterfly is occurring.
If the price rises to 141.26, a Bearish-type DeepCrab pattern is likely to occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 137.30-138.00.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Silver: Gartley or Crab Silver looks to be forming a bottom and is currently beginning the bullish CD leg of either a bearish Gartley or Crab Pattern. It meets the criteria for both so far. This interpretation is further reinforced by the completion of a clear five wave structure down, ending in July. I'm setting a tight stoploss as there shouldn't be much more downside if either of these patterns are to play out.
💥🛢️US Oil Daily 🛢️💥TVC:USOIL
FX:USOILSPOT
Before we start the next week, let's take a look at the trend of the oil chart.
The price continues to move in a downward channel. Due to the positive divergence between RSI and price, we can expect a temporary rise in oil price.
If this uptrend fails, the price will reach lower targets in its descending channel.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS
Perfect automated detection of Butterfly pattern - LongA Bullish-type Butterfly pattern occurred.
Also on the daily chart, Bullish-type Butterfly pattern is occurring.
Long after seeing the rebound.
If the price drops to 9.162 without rebounding, a Bullish-type Deep Crab is likely to occur.
Even in that case, long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
HGS primed for breakoutThe idea here is about HGS ( Hinduja Global Solutions).
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Crab Pattern Completed.
2. Cup formation under completion with today’s trading, wait for pull back & break above the current resistance as per chart.
3. Trading way above on 50, 20 & 200 EMA on weekly chart.
4. Resistance on Kumo cloud on a weekly chart & currently consolidating.
5. RSI is at 71.11 on a weekly Chart at the time of publishing.
6. MACD above signal line.
7. Hull Moving Average is a Buy Signal on Daily, weekly & monthly chart.
8. If Price breaks above the resistance then cup & handle formation in invalid.
Projected targets as per Crab pattern & cup and handle provided in the chart.
Stop Loss: provided on chart.
Disclaimer: “The above is an idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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Perfect automated detection of Crab pattern - ShortA Bearish-type Crab pattern occurred within the resistance zone of 137.0-137.6.
(In this resistance zone, there was a rebound in 28 Jul, 19 Jul,..)
Also on the daily chart, Bearish-type Gartley pattern is occurring.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 135.2-135.80.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
BERGER PAINTS Clean BreakoutThe idea here is about TECH MAHINDRA
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Crab Pattern Completed on a weekly chart.
2. Break out of Downtrend channel with good Volume.
3.Trading way above 20 EMA on weekly chart.
4. MACD over Signal line on weekly chart .
5. RSI is at 56.80 on a weekly Chart.
6. May retest the break out point and wait for reconfirmation to enter.
7. Hull Moving Average is a Buy Signal on a weekly chart.
Targets : Estimates based on Crab pattern provided on the chart for reference.
Disclaimer: “The above is an idea only and not any kind of financial advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!! Want to keep yourself updated with current market action, then please follow my profile for more analysis.
Cheers.