Potential Deep Crab,GBPNZD - Potential Deep Crab, I'm waiting for a trendline break to potentially scalp down to the D point. There's lot's of liquidity lying in-between current price and the Crabs D point, the D point also lands on the previous weekly low which is also the point of a strong OB, lots of confluence in this zone!
Crab
BTC/USD BEARISH Harmonic patterns very critical situationBITSTAMP:BTCUSD
We have two harmonic patterns here:
1- Cypher
2- Perfect Crab
if the price fail the Harmonic patterns , price can be goes up to next cluster about 62
!!!Please be carefull because we have 2 cluster of 2 Powefull harmonic patterns!!!
An also we have TIME ANALYSIS here between (23-25 oct) that we have High Major pivot
and after that we maybe have some retracement in that time zone
Good luck :)
BAKE VERY BULLISH $2 INCOMING? BAKE has a Bullish Crab pattern forming up on higher timeframe, TF used in this chart is 8hours, we have the last resistance to break and $BAKE will fly.
Some more confluences:
(1). Bullish Crab Harmonics Pattern.
(2). RSI is super bullish.
(3). We have a double bottom with major support.
(4). Very strong Support sitting at $1.459
Entry: Entry is here at $1.792
TP1: $2
TP2: $2.128
TP3: $2.352
TP4: $2.569
TP5: HOLD THE FREE RUNNERS FOR MOON FLIGHT!
American Barrick (Gold:NYSE) ....(My Game Plan)
I am looking at a American Barrick (GOLD) purchase opportunity on weakness at slightly lower levels.
My trigger level is a PRZ (Price Reversal Zone) from approx $16.90 to $15.90 which would satisfy the completion of a bearish Crab pattern and the initiation of the final leg of Cypher pattern whose price objectiveiisi around the $27 level.
If things fully work out, and they rarely all do, this idea thus carries a 10:1 reward ratio.
Now you have to like gold in general and gold shares in particular to even consider this trade.
Barrick's price momentum seems extended and subject to weakness.
Barrick recently increased their dividend and one should expect more as major gold companies are experiencing major free cash flow surpluses.
2 points to consider in the shorter term:
1) We have a small gap above here which may be filled and
2)the completion of an ABCD leg may draw in some bottom feeders.
If we take out the dotted blue line I may have to reevaluate my thinking.
This is a 4 hour chart.
Watch the broad market, the Gold price and the GDX for further directional clues.
As always this is not investment advice and do your own due diligence on any positions.
We are coming into a period of characteristically rapid turmoil so don't be married to any position or view and be nimble.
If in doubt... stand aside !!
Good Luck
S.
Trade Complete, Now Potential Crab Todays trade completed, beautiful, no DD 120 Pips, i've taken profits due to hitting some liquidity, price may get choppy and its probably not worth holding so im going to wait for the price to hit my Buy zone (D point of the crab)
This fills a nice imbalance, moves nicely with PA and lands nicely on an OB! Mark this level up for an alert on your charts!
GER30 4HR DEEP CRAB 15045 | T2 REVERSAL
Type 2 reversal off the HOP around 14820. Expecting to see bullish impplements above the Focus point at 15045. Price has already showed bullish confirmations above the Terminal range.
Targets: 15410 - 15648
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. STAY PATIENT & BLESSED!
~T$
KTB WILL LU 100%?By using Crab pattern projection and Fibo extension show that price will achieve max to 0.34
Risk management 1:10 ratio.
Price must BO above B level for confirmation and CL if fall below 0.15
#TAYOR MYX:KTB
BTC Sell at 47800
BTC Sell at 47800
Targets around 46780 & 46290 at the -13 & -618 Fibonacci levels
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. STAY PATIENT & BLESSED!
~T$
Mini Potential H&SMini potential H&S, if neckline breaks....
I think price will tap the .816 or the .786, fill the imbalance maybe tap the 50 EMA then continue on the downtrend towards the D point of the Crab, i'm not trading this one though until I have more confirmation.
There is a schematic forming on the lower TF at current price, LTF is bullish.
AUDCAD - Bearish CrabA bearish crab pattern may emerge and complete at 0.9240 for a shorting opportunity.
On the other hand, traders who are looking at the 4-hourly chart might have a different view. A bullish bat pattern.
This is why it is very important to follow your trade plan and stay out of the trade if you aren't certain.
I'll be checking the candle formation on Monday morning for a 3-bar reversal for a buying opportunity within the Bullish Parallel Channel and I will observe how the market will react at Point D of the Crab Pattern.
GBPUSD-Weekly Market Analysis-Oct21,Wk2Having the Weekly Support level 1.3606 turns into the Key Resistance Level, GBPUSD is set for a ride down for the foreseeable future.
I'm waiting for a shorting opportunity when the market retest 1.3606. Another shorting opportunity could be the bearish trendline that went across Point A to Point C on the Emerging Bullish Deep Crab Pattern.