Crab
Moderna... Is there a booster coming ?Quite a ride... I suspect we are getting close to the bottom unless the Apocalypse is coming.
2 Harmonic Deep Crabs forming with different terminuses depending on the X point.
Deep Crabs have a habit of going on longer than expected so let this play and break the arc to the upside first.
So monitor for now.
As always keep an eye on world markets and trends.
Not investment advice. Do your own due diligence.
Good Luck
S.
AUDJPY | HARMONICS IN PLAY?AUDJPY after being trading under the horizontal level of 86 since Feb 2018, we see a clean breakout from the level on 16th March 2022.
Now the Hot Question is: Where will be the top?
If you see on the chart, we have showed crab pattern which shows bearish reversal on 91 to 92 region which is also the weekly resistance zone.
The indicator RSI is also reaching the top of the zone and we can see a drop if the bulls continue to long.
Alternatively, If weekly resistance taken out then 100 level is on the card.
Play your levels accordingly.
BTC Deep Crab Target $41,877BTC is in process of developing bearish deep 🦀 harmonic, Completion of this will be at $41,877. We have bullish divergence of RSI and VWMACD on daily chart which if plays out then chances of hitting $41k are quite high. Now fundamentally, We have FOMC meeting tomorrow regarding interest rate hikes so we may see volatility today/tomorrow.
GBPAUD - Double Bottom PullbackWe have a double bottom pullback trade on the GBPAUD. What's so special about this trading setup? Well, on the higher timeframe, the Daily Chart, there is a Bullish Crab Pattern check back.
Although the formation is complete beyond the PRZ, it sits nicely at the level and acts as a new support level.
If you are familiar of the Crab Pattern, you should know that it is quite normal.
On the current timeframe, the 1-hourly chart, the market has a Double Bottom followed by a pullback. No doubt this gives the best Reward: Risk, it is also a high-risk trade as the probability of it hitting the stop-loss is high.
Before you ignore this trading setup, what if I tell you that the potential profit is 386pips, in fact, that might not even be the level that I would take any profit off, and just that it creates more than 5:1 of returns.
Now, would you be interested?
AUDUSD - Bearish CrabI had profited 212pips on the AUDUSD Bullish Deep Gartley Pattern(check out the link at the bottom). It's only 212pips because I got in late.
Now I had shorted the Bearish Crab Pattern at HOP level. One of the perks of this is the Reward:Risk Ratio.
What I didn't like the candlestick consolidation looking left.
crab play for BTCSeeing how the market is moving up at the glimpse of hope from Russia's invasion to retreating for a peace talk, we might be entering a shorter(than medium) play of a bearish crab pattern that will lead to a short term high following on a medium term drop.
the world is still in putin's hand on energy with EU, with German chickens voicing out against EU members from the slavic nations visiting ukraine to show of support, and the fading US-dominated status on oil clearing currency, i don't think BTC making any high above 40k is stable enough to move further up.
it's not a market for investment when there's no peace or freedom, Slava Ukraine
SOUL/USDT Bottoming?Soul in a 11% channel One Order
of Magnitude higher than
Initial organic growth channel.
Volume also back to Beginning.
Running out of room...
Good tokenomics and potential for future upside.
Need the volume to show up to break negative momentum.
Else could drop into lower channel
I am just trading the channel waiting for break (up/down??)
What do you think?
BTC is making bullish DEEP CRAB!!!BTC is in the process of developing bullish deep crab harmonic on hourly. This is somehow in confluence to bullish butterfly harmonic from yesterday which completes at $35,707. So we can possibly see some bearish price action before a leg up. We have weekly closure in 12hours from now so further development in price action will be shared upon closing of candle.