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Crab

BTCUSDT micro double bottom AB=CDBTCUSDT micro double bottom - possible pullback. The price action has been made a wonderfull bear flag structure and the double bottom is in conjunction with an oversold condiction and increased interest in accumulation. My technical analysis is mainly based on Fibonacci ratios in a sequencial AB=CD pattern. Expecting a intraday swing upward in a potential micro bearish CRAB (updates incoming) pattern as a final leg up of this flag. Potential Reversal Zone predicted at 35K level - 14.6-0% Fibonacci Retracement.
Long
by firmestudio
UST 10Y Government Yields ... Too far too fast ??Unless you have been living under a rock for the past 2+ years you may have noticed the interest you pay to borrow anything has increased significantly. Using 10 year US Government bonds as our proxy, these yields have risen about 8 fold during this period. How and why is a topic for another day. My point here is Have have we gone too far too fast and is there anything which points to answering this? My study and view points to that of harmonic patterns/ratios which if used if used judiciously, which often work and work well. In the case of the US 10 year treasuries, we have two patterns which formed last week and now are pointing to an short term reversal These are a Bat and Deep Crab harmonic patterns. They share the same ABCD points and only their origin point (X) is different. These are laid out on a weekly chart together with an initial targets, entries and stop loss points. Additionally within harmonic analysis, projections using the final 4 points of the original harmonic formation(s) are often to project a future point D. I have done this but shifted it to the right on my graphic so it is more easily seen. So have we gone too far too fast?? ... perhaps. This goes against conventional wisdom and thinking .... at least in the shorter term. As @northstar69 points out in the inserted graphic (from NorthstarBadCharts.com) ... after 41+ years we are at yet another inflection point ! This is educational not investment advice. Do your own due diligence while watching the bigger picture and world events around you. Good Luck and thanks for reading. Hopefully you found it this useful. S.
Editors' picks
TVC:US10Y
by Steve666
16
SGDMYR - Exchange RatesOn 20 Apr 2022, SGDMYR shot up to 3.1466. To most Singaporeans who have commitments in Malaysia or Malaysian who are earning SGD, is a no brainer to change their SGD to MYR. But that night at 10.25pm, right after my Live Session, I've told a group of entrepreneurs NOT to change their SGD to MYR just yet. If you could wait for a few days. On Fri, 22Apr2022 market close at 3.1538. Based on the candlestick pattern and the Harmonic Patterns formation, Bearish Crab Pattern, it would be a good idea to change some MYR that could cover your monthly expenses or commitment for the next 3-5months. It would not surprise me if the market retraces back to the 3.1255~3.0990 range when Market Open. Share this with your friends as they might benefit from this and there are a couple of hours for them to make the arrangements. Forex Trading doesn't always mean that one should only trade on the Spot Market, but you can benefit from your day to day expenses, your investment planning and such.
Short
by RaynLim