Crab
Daily Shark Complete On New Weekly Low!GBPCAD - Looking to swing long, just had a daily shark complete at the weekly demand zone (Which is a new weekly low) Price rejected at this level.
Now we have a break of momentum and BOS.
I'm waiting for a pullback the greenzone (1.69320) area (I'm scalping a short there at the moment) before potentially swinging this long if PA confirms it!
Let me know your thoughts!
Potential Butterfly/Crab for PRZ We have a butterfly thats almost complete and a potential crab too if price doesn't respect the butterfly on the HTF (This could indicate a potential PRZ)
If we get reversal signals at either of these levels or in-between then we can be safe to take this short.
But for now momentum is still bullish on the LTF, we have BOS to the upside and a nice momentum trendline (Which is close to the D point of the butterfly, so im waiting for a break in momentum and BOS before potentially shorting this.
Let me know your thoughts?
Potential Daily Crab and Bat Almost Complete!GBPUSD - Weekly supply zone is strong, the pennant failed to break to the upside, so now i'm looking bearish on the HTF.
Price has created EQL and EQL, I want to see this Bat pattern complete, possible with a stophunt on London/NY (4th hit to the high before price falls) to take out the liqudity before falling back towards the previous weekly low and continuing the HTF trend.
Let me know your thoughts!
USDJPY-Weekly Market Analysis-Oct21,Wk5If you have been trading for some time, you would have known that USDJPY seldom has a significant retracement when it is in a trending state.
So, it is a worrying sign for trend traders to see this. But if you are a faithful Harmonic Pattern Trader, you will be overjoyed to see a Bullish Crab and Bullish Shark converge at the same level on the 1-hourly chart.
If you have been trading Harmonic Patterns for some time, you should be aware that Crab Pattern and Shark Pattern do consolidate a bit before the actual move and at times they offer a lower entry price.
If you aren't aware of that, look for a mentor to help you with this.
Daily Pennant + Crab on HTF GBPUSD - Price is sitting on weekly supplyzone and has created EQL highs, we also have a Daily pennant forming (Trending continuation) If confirmed. (We also have a crab on the HTF with the D point landing on the target of the potential pennant)
Price could go either way, I will scalp this today bullish based on the momentum, LTF PA and the liquidity trap at the highs but for any HTF swings I'd wait to see if this pennant confirms or price rejects.
Let me know your thoughts!
Crab Complete & Potential H&SUK100 Crab complete with potential double top (Not confirmed yet though until neckline is broken)
I have entered early just based on LTF analysis, so that has made this trade a little riskier, but the probability of this falling are greater than rising so for me it was worth the risk, if hit's SL we just get back in a little higher and ride the wave down bringing all that 💰back in!
Whats your thoughts?
Potential Deep Crab GBPJPY - Potential deep crab forming, I will wait to see if price rejects from the daily low or breaks down to the crab D point!
I'm still overall bullish on this pair on the HTF I have a crab on the weekly projection, I would see this move as retracement > continuation.
Whats your thoughts?
Deep Crab Completed (Almost....)USDCAD - Sitting in a strong supply zone, BOS on the daily TF creating new lows, price right now is sitting on a strong Daily OB along with multiple other confirmations, so chances of reversal or at least a pullback are highly probable, I'm waiting to see if price starts to break back towards the Daily high, if so ill enter a swing on a second test.
Whats your thoughts?
Crab & BOSUS30 - Rejected nicely from the 35000 area yesterday and has now broken the highs on the LTF
I'm expecting price to hit/break previous highs so I've take this long following the HTF bias and LTF price action!
Whats your thoughts?
BEARISH CRAB - FORECASTBEARISH CRAB FORECAST
Hello!
Fibo 0,618 is the key retracement level to be followed.
If the pattern works then the max. point D is the final poit to be reached.
Stop Loss level is 5,42
1st target : 6 (fibo 0,382)
2nd target fibo 0,236
final target fibo 0 level can be followed.
Please do not make investment according to the idea given in here
A very Good luck!
Potential Crab Forming US30 - if 35000 holds we may see new highs and a completed daily crab!!
However, we do have many strong resistance points in the way for that to happen (Nice zones of interests for potential short scalps or even reversals)
If price breaks 35000 then we're potentially falling back to the lows!
Canadian National Resources (CNQ) ... In Deep Crab territoryCNQ on the TSX would be a likely sale candidate if oil rolls over.
Recent price action has traced out a Deep Crab Harmonic Pattern.
While Deep Crabs are quite reliable, Point D often extends past 1.618 to the 1.92 area.
So watch this with an eye to take advantage of price exhaustion.
I have added a WTI overlay in $CAD for reference.
Not investment advice. Do your own due diligence.
S.
EURJPY - Bearish Deep Crab HOP LevelA Bearish Deep Crab pattern has touched the D-Point completion at 132.45. Counter Trend traders can consider engaging in the trade.
Conservative traders can wait for
1) Further consolidation and make sure it didn't break and close above 132.77 for a shorting opportunity.
2) Wait for consolidation to happen at 133.60 for a shorting opportunity as a second chance entry for a shorting opportunity. That level coincides with the daily chart bearish bat pattern.