Potential Crab Potential Deep Crab, almost complete, (So Im going to scalp down the remaining gap)
I missed the 1000 pip drop yesterday on my limit order buy a few pips, (Check my other analysis) However price has broken previous support and now the weekly low, the next target is the 1H imbalance & Orderblock which alighns with the D point of the crab!
Whats your thoughts?
Crab
Crab Before Reversal?USDJPY, this is where I believe price will reverse and if not reverse give a strong reaction/bounce at least 50/100 pips, I will be setting a limit order here, we have a daily order block + and imbalance fill in the same zone which lands directly inside the D point of this crab on the Daily chart.
Lots of confluence here.
What's your thoughts? a
Deep Crab@1.618XAGood morning,
look to that, the pattern it's really close to completion and we got get ready to trade it soon;
But the price it's already being denied even though it has not reached the PRZ and completed Pattern yet.
Rules:
1. Harmonic Patterns Completion (Deep Bullish Crab@1.618XA) - 99% Complete;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
" And this is my prayer: that your love may abound more and more in knowledge and depth
of insight, so that you may be able to discern wht is best and may be pure and blameless
for the day of Christ."
Philippians 1:9-10 NIV
Potential Reversal? We should get a pullback here to at least the 50% before potentially continuing down....
We've had days of bearish PA plus lows taken out with no retracement, now price is sitting on a very strong daily orderblock from January (And has also filled a large imbalance)
If price breaks this then I have the next zone of support landing on my daily deep crabs D point (See image)
Price has also overshot a 4H deep crab by 25 pips (This deep crab also touches the zone of daily imbalance)
Whats your thoughts?
MY PLAN FOR MESB BY USING SYMMETRICAL TRIANGLE & HARMONIC1. SYMMETRICAL TRIANGLE
- It show price try to BO from above symmetrical triangle (yellow circle) and my estimation it will same patters as before.
- for comfirmation price must be closed above 0.50 to ensure it continuation uptrend.
- My target it will reach at 0.680 (white arrow)
2. Harmonic
- Bat, Alt Bat and Crab pattern will be form if reach to 0.886%, 1.13% and 1.618% respectively.
- For comfirmation it must BO and closed above B level (white line).
- Cutloss price is next support (red line)
#TAYOR MYX:MESB
US30 1HR BAT 34805
US30 1HR BAT completed at 34805, targeting the 30-60% retracement.
1HR DEEP CRAB at 35505
Main target is 34300 around the 50% of the BAT pattern.
Price is currently closing in the terminal bar, after a successful bearish structure break. In sync with the smaller Deep Crab
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$
USDJPY Bearish Deep CrabUSDJPY Is currently visiting the potential reversal zone for the deep crab it has formed. I do not trade this formation/ pattern too often but if it provides with a valid entry then I will take it. It is important to keep an eye on this pair and the price action around this area for possible short entries. We must wait for price to fully confirm before entering shorts/ Good luck and remember, patience is key in trading.
AUDCAD - Bullish CrabA bullish crab is going to complete at 0.9171 and this gives countertrend traders an angle to look for a buying opportunity.
Should the candle break and close below 0.9171, I will be waiting at 0.9142 on the Crab Pattern HOP Level for a 2nd chance buying opportunity which comes in line with the 4-Hourly chart's Bullish Bat setup.
USDJPY-Weekly Market Analysis-Oct21,Wk1A Bearish Deep Crab Pattern is an extended setup and sometimes it doesn't give confidence for traders to look for a shorting opportunity.
However, if you look left, the completion of the Point D of the Deep Crab Pattern comes in line with the precious resistance left. May gain some confidence for the Harmonic Patterns Trader and it may encourage the structure-base traders to look to join in for a shorting opportunity.
possible bullish gartely or crabfor the current information base on this week latest low hitting approximate 0.618 retracement
we have two bullish gartely scenario which are hitting possible resistance point
and one bullish crab scenario which are meeting general down trend.
Dont be suprised the scenario are combined reversal at D, then go to point E and start the down trend (rate hike)
or straight to E, then down trend with 5 waves.
Good luck
Potential Deep Crab Possible Deep Crab - EURCAD, lines up nicely on the higher TF with trending PA, price is also sitting on the weekly low/previous weekly low, nice supply zone here.
We also have 3 zones of possible reversal which include order blocks/imbalances you can see those marked on the chart.
I'm waiting for reversal confirmation to go long.
Whats your thoughts?
Crab about to complete Nice liquidity trap zone here, our entry is just above the previous levels inside an area of imbalance on the lower TF right on the D point of the crab, there are 2 more order blocks above this for “Safer entries” but after missing x2 crazy trades by a few pips on US30 I chose to go for the "Riskier" option, so make sure you're using correct risk management if you take this!