Crab
Bullish Dragon with a 1.618 Max Target on SmallCap 600 Value ETFThe Small Cap Value Seems to be in a much better position than the rest of the market and in the case that the market Bullishly Reverses we may see the Small Caps severely Outperform the Indexes. This could lead to the Small Caps making a Minimum 88.6% Fibonacci Retrace from High to Low and a Maximum of a 1.618 Fibonacci Extension before we have the potential for further downside.
Possible SHORT on GBPJPY; creation of Bullish Deep Crab Pattern Hello everybody!
So, after shorting on daily timeframe, and saving my ass on 4H chart :D I'm again for - shorting. Or buying JPY, whatever sounds better for you!
Thing is, at least how I see it, GBPJPY will soon touch Fibonacci 1.618 (around 144.38). When? Well, it's a billion dollar question. However, I'm convinced that it will happen in the next 5-10 days.
At that point, a Bullish Deep Crab pattern will be formed, and I'm already putting on alarm and pending orders for Buy Limit.
After it reached D-point, next targets are:
T1: X-point aka Fibonacci 1, around 149.50
T2: B-point aka Fibonacci 0.618, around 152.71
T3: this is hardly likely but you never know :D - zone between A-C-points aka Fibonacci 0 between 157-157.80
Let's ride together on these waves!
SIMP in two perspectiveSIMP in the weekly timeframe looks like there are two patterns there. The first pattern is like a symmetrical triangle where the price has broken out of the triangle and will continue its rise. The second pattern is the bearish crab. The bearish crab is a harmonic pattern where the last rising phase can cross the previous 'previous high'. You can 'search' for other harmonic patterns, and currently there is a minor weakness which means there is a good opportunity to consider it.
#Disclaimer: Not a suggest to buy or sell
BULLISH DEEP CRAB The Deep Crab Pattern™, is a Harmonic pattern™ discovered by Scott Carney in 2001.
The critical aspect of this pattern is the tight Potential Reversal Zone created by the 1.618 of the XA leg and an extreme (2.24, 2.618, 3.14, 3.618) projection of the BC leg but employs an 0.886 retracement at the B point unlike the regular version that utilizes a 0.382-0.618 at the mid-point. The pattern requires a very small stop loss and usually volatile price action in the Potential Reversal Zone.
DAX 13300 Deep Crab - DAX at HOP level for Deep Crab at 13300
- Target 382-50% Retracement 13605 - 13750
- My style of trading focuses on flowing with
the trend, and patiently waiting for the story
price reveals. Fibonacci, Harmonic Patterns
Wave Sequences, Price Action, and a mixture
of Multi-Time Frame Confluence. Most
importantly the visual realization of emotions
cycled into the chart.
As always THANK YOU and if you found this
video helpful, please let me know by giving a
like and/or leaving a comment below.
Also, feel free to share your opinion on this
setup or any other. The more ideas we can
generate together, the more information we
can spread to the trading community, LOVE &
PEACE!
~T$
Algorand (ALGO) formed bullish Crab for upto 16.5% moveHi dear friends, hope you are well and welcome to the new trade setup of Algorand (ALGO) with Bitcoin pair.
Previously I shared a long-term trading idea on Algo, which is still in play:
Now on a 4-hourly chart, ALGO has formed a bullish Crab .
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BTT Creating a Bearish Crab Pattern it may reach it by Nov BTT is already bouncing from downtrend and it is forming a higher high and higher low on a lower timeframe.
TAYOR
#TA>RumorsorNews
maybe rounded ₿ottom in march Hi frend,
after BTC faked some nervous moves lately days, it might go up soon I am think.
Because we know DOGE loves to move in april, it might all do some boring big rounded bottom flag thru the march I think too.
This would also bamboozle the deadcat believing bears + impatient bulls but also flag a up 4realz.
Bye
AUDJPY H2 A good opportunity for sell !Hello traders this is my idea about audjpy H2 with price action and harmonic pattern method as you see we have a rising wedge at the end of the downtrend and the price came back from resistance line and resistance area also I think we have a harmonic pattern here that name is deep crab ( although it's not a ideal deep crab but In my opinion I can consider it as a deep crab ) so I expect a downtrend for this chart and I determined possible targets . Good luck.
CADJPY - Bullish CrabAlert came in at around 4:35 pm (GMT +8) when I was having my tea break. The big long black bearish candle you see in the chart it's when it happens.
I know that I have until 6 pm to make my trading decision.
To trade or not to trade?
Should I engage in both pairs or should I choose 1?
That's how real trading can be. There's no need for you to guard your computer and wait for action on every tick.
Sadly for USDCAD, the Bearish Shark got activated, and not the Bullish Gartley(check the link within TradingView)
I have made my move on CADJPY. Why this pair and not another or both? Well, It might be too long of a post for that explanation. Allow me to keep it short by sharing only CADJPY.
It has an RSI Divergence, which has been marked by a black arrow within this chart. No doubt a long shadow candle happen that is not showing immediate strength in the bullish setup.
I see that the volume indicator on the side that gave me a 20pips leeway to place in my stop at entry when it happen.
Once I did that, there will be no downside for this trade, and that's great!
Judging the movement of the candle, I could expect a potential Head and Shoulder Bottom that can give me another buying opportunity at around 90.44.
When that happens, it could form above the "area of concern" , what I need to see is the market break and close above the "area of concern" .
It might be a clearer picture for you to decide to engage this trade when I share it(due to the formation of the candle)
Could you imagine that I engaged the trade at 90.13 and not 90.22 at the price you have seen!
It takes experience to read the chart and make the trade. Learn, Practice and get a Coach!
This Coin Is Looking to Lose Over 99% of It's ValueWe have a Potential Logscale Deep Crab BAMM that will be Confirmed once we break down below the level of B; Upon breaking through B our downside target will be the Logscale 1.618 Fibonacci Extension Below which will take us all the way down to approximately 2.5 cents.
BTCUS Short, Optional re-entry, golden ratio count, AB=CD, CrabBTCUSD Optional re-entry, golden ratio count, AB=CD, Crab
Hi trader. As you can see on this roadmap of BTCUSD we have strongs confluences which efforts a speculative montly target based on Gartley AB=CD and others Fibonacci's golden ratio correlations. I'm pointing in a counting of timeframe a probably re-entry for a better short position. A Bump and Run (BARR) effect can be developed in a potential downward continuation as well a micro Head and Shoulders formation. A swing daily target can be expected at 88.6% of Fibonacci Retracement. We are in a PRZ area of a Crab harmonic pattern terminated in the upthrust peak. The daily condition is bearish but in the next hours the price action can elevate above 44.3k, as a H&S’ neckline retest. Some wyckoff’s fundamentals are displayed in balllons.
Technical indicators
- Awesome Oscillator - bearish condition for the next hours and strong bearish divergence;
- Fisher Transform - potential micro bullish (small retrace) momentum in a macro downward;
- Ehler’s Smoothed Stochastic RSI - daily bearish, H4 in a potential retrace.
Candlestick’s price action strongly bearish in a bearish engulfing formation. That’s a good point to scalp in short.
All informations displayed here and on the chart are for educational use only.