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.
Crab
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.
BTCUSD Market in Fibonacci (pullback to neckline accomplished)BTCUSD Price Action
PULLBACK to Head & Shoulder's
neckline accomplished.
Real correction expected.
Lower low expected.
Fisher Transform oscillator's confluences/divergences
in Fibonacci ratios time frames (daily candlesticks)
Technical Analysis
- ATH-2ndTop'swing = 100% Fibonacci;
- 2ndTop-3thTop'swing = 88.6% Fibonacci;
- strong divergence till 10 Nov ’21 ATH;
- Fisher crossing near
Ehler's Smoothed Stochastic's
same overbought condition
of All-Time-High with clear crossing near
*Weekly bearish wave expected
BTCUSDT CRAB PRZ Supply to neckline retestHi everyone. I'm watching a probably PRZ in some confluences after a bearish Scott Carney's CRAB pattern figured out. The volume decreasing along the consolidation so-called Bart Simpson indicates institutional price support. In the next two days at least we can expect a distribution phase in the 100-88.6% range of Fibonacci retracement. The 61.8% pivot level can be a TP1 in a reversal breakout of 88.6%. The actual price action reinforces an ideal pullback to touch Head and Shoulders' neckline which can be spiked at this supply sector, as predicted in my past overview "potential pullback...". An expected overbought condition in the next daily coincides with a key level for institutionals to liquidates high leveraged longs by sardines that came in the BARR impulsive breakout.
TSLA is done. Back down to earthTSLA is trading in a Bullish crab pattern forming the last leg down C to D.
The market doesn't look good for growth stocks and this trash should fall back to realistic levels which makes this pattern a higher percentage trade.
I see TSLA bouncing around 281 which acted as support before stock split announcement and also the .786 retracement level.
When price enters my buy zone around 281, will look to enter long term calls building my position on each dip
I am holding TSLA puts
FORTH/USD Deep Crab Completed Along With 5th Wave Correction.Hello everyone. I was looking at FORTH/USD and seems to me that we have put a temporary bottom or even a final bottom. As you could see, there are 2 factors that give me confidence we are ready to move up. 1. The completion of a wave 5 sequence and 2 the completion of a bullish deep crab harmonic pattern. I except an explosive coming soon. My targets are 1) $17, 2) over $25 +. I just wanted to share this with whoever could see it. I'm not a financial advisor, I'm only sharing what I'm doing. Good luck everyone!
VIBHA | Bullish Harmonic Pattern | Entry Setup TF4HPrice Action & Chart Pattern Trading in ti
> Bullish Harmonic Butterfly and Deep Crab with reversal flag pattern
> Entry Zone @ Support flag
> Indicators| smart money entry | Banker Chip volume support | BBD banker signal turned green | positive FUND FLOW | KDJ divergence turning uptrend ribbon
Trading with affordable risk ratio: 3:1
Always respect your stoploss
PLTRMID-TERM: Close to a bullish crab, bounce off demand line of wedge, potential triple classic bullish divergence. (not financial advice)