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Crab

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.
TVC:US10Y
by Steve666
15
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
Bullish Deep Crab Formation About to CompleteAs you can see, In NSE:ICICIBANK 15 min time frame, CD leg of Bullish Deep Crab Harmonic Pattern is about to complete. We can see reversal from the level of PRZ. Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing .
NSE:ICICIBANKLong
by Ami8singh
Deep Crab@1.618XAHello Traders, I'm waiting for to long for this pattern to give me a clue for a completion, and now it's 80% close to completion, that's a nice opportunity to go long soon on AUDCAD, maybe tomorrow that will be completed and we can trade it on the next week trading session. Setup Rules: 1. Harmonic Patterns Completion ( Deep Crab 1.618XA) - 80% Complete ; 2. PRZ Hit Waiting; 3. Terminal Bar - Waiting; 4. PRZ Test -Started; 5. Candlestick Reversal Sign - Waiting; 6. Candlestick Confirmation Sign -Waiting; 7. RSI Reversal Sign - Waiting; 8. RSI Confirmation Sign -Waiting; 9. Type-1 Reaction - Waiting; 10. Type-2 Reversal - Waiting; 11. Risk Management - Applied; 12. Risk / Reward - 1/3.
Long
by JonyFxHunter
1
Adam and Eve Elliot Wave count on QuantWhat you see here is a Adam and Eve patten with a Elliot Wave count. 3 Trade to be taken: Wave: 2 Long: Wait on entry below current price: $142 to take profit on around $187. Wave 3 short: This one will be a short because of the Grab Harmonic. This short is risky due the Adam and Eve pattern. Entry short should be around $190. Wave 4: Long: Wait for the pullback of wave 3 for a entry on around $160 and aim for the target 5 which could be around $200 - $216. Wave 5: Short: Between $200 - $216 is a big resistance. Together with the wave 5 confluence for a correction wave it's a good opportunity for a short trade. Target should be $160. BINANCE:QNTUSDT
by Chahin073
2