BABA Ba Baba RanNested Harmonics. AB=CD inside, Crab larger Harmonic
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My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD!
My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may be a catalyst for expected price action, but it is only a catalyst. I consider all of my trade ideas to be short term swings. They are ideas that are days or weeks in length and not day trades. I have decided to not provide entries, stops or targets. If you don’t know how to manage your own risk with correct position sizing and stops/targets then you should not be trading live in my opinion.
All of my ideas first focus on price action resulting in predictable patterns and their conclusions. I incorporate Harmonics and Elliott Wave to complement and add strength to these ideas. Depending on the timeframe it is difficult to display some of them. Ultimately, price action and volume rule. The market and individual stocks do not care about my or your opinion on how “cheap” or “expensive” shares or contracts are.
Green Harmonics are bullish , red are bearish . But look at where price is relative to the pattern for expectations of next moves. I often catch Harmonics before completion, so a bearish pattern may still be a bullish move until it completes. Elliot Wave bull/bear counts will be green/red accordingly. After a wave count there are a number of possible next moves.
Lastly, these are all trades that I would and do take.
I hope to provide some value to your trading education, nothing more. Good luck to all.
Crab
EURJPY - Bearish CrabIf you are a Harmonic Pattern Trader, allow me to ask you 1 question. Why is this trade setup not a Gartley Pattern, not a Deep Gartley Pattern but if it forms up it will be a Crab Pattern? It is easy for one to read up and claim proficiency in the area, but what's more important is that you are able to identify the difference and avoid unnecessary losses.
The bearish crab pattern completes at 131.36.
EURUSD-Weekly Market Analysis-Apr21,Wk3EURUSD on the daily chart shows a bearish trend, but on the 4-hourly and 1-hourly chart is on a bullish trend. This could mean that the lower-time frame shows a potential of change of trend or it is merely a retracement within the bigger bearish trend.
What should you do then? Trade what you see, or don't engage the trade if you aren't comfortable.
As for me, I'm waiting to buy EURUSD on the buy zone(1.1887-1.1861) that coincides with the 1-hourly and 4-hourly chart. A break and close below the buy zone don't guarantee a shorting opportunity, I will wait and see if the price stop and reverse at 1.1800 as a bullish crab pattern setup, which is 1 of the most versatile harmonic pattern.
LTC/USDT expected movement at this situation!Hi every one
LITECOIN / TETHERUS
last time we talked about LTC/USDT the price was in an ascending channel and was in an ascending triangle as well which the break out has happened for it! and now if we use the harmonic pattern like crab pattern we can understand that the price can increase even further! the AB movement is completed and the CD movement is about to complete! if the CD movement happens the price can reach around 290$ and than start It's correction .the correction is expected to reach the 0.618 line of Fibonacci retracement which will become It's strongest support for now!
*Previous Analysis :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
USD/CHF (Swissy) Here on the Swissy we have a crab. The ABCD Back bone of the pattern has been blown so we shall see if the pattern is still valid. With crab patterns we see PA retrace to the 1.902 level and PA become volatile and reverse. we are entering a weekly support level so we shall see how PA reacts. Sorry for not going into it any deeper I am behind on some school work and I am also getting back into the 4H time frame trading gonna slowly get down to the 1H again. I am also in the process in making a few courses as well that covers harmonic trading along with a myriad of other topics. When the courses go live i will upgrade my TradingView package to Premium and advertise them on my TradingView.
UPDATE: $2500 STILL VALID FOR ETH. DEEP CRAB ENTACT!!As you can see on nearly every time scale, the Deep Crab harmonic idea for KRAKEN:ETHUSD , is still beautifully confined within the pattern. Even with the recent consolidation due to BTCs downward pressure - it never broke out of the DEEP CRAB HARMONIC. As long as BTC doesn't force the crypto market further downward, the price targets are $2200, and more importantly $2500.
TRADE AT YOUR OWN RISK - CRYPTOCURRENCY IS A HIGHLY VOLATILE MARKET.
LIKE/FOLLOW FOR MORE TA ON THIS ASSET AND MANY MORE TO COME :-)
(update) The expected ETH/USD movement in the coming daysHi every one
Ethereum / U.S. Dollar
This is an update on the last analysis of ETH/USD which we did for you. As you can see the crab pattern which we talked about a few days ago is about to complete the last movement which is (CD line) on the chart. If the pattern completes the price will reach around 2400 to 2500$! after the completion of crab pattern it is expected that the price start the correction. if we use the fibonacci retrecment the correction can be up to 0.786 or 0.618 line of fibonacci .
Our more recent analysis of ETH/USD :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ATOM can reach 33$ and than start it's correction!Hi every one
COSMOS / TETHERUS
ATOM/USDT is in a crab pattern. AB movement has been completed but CD movement has yet to complete .the price can reach around 33$ (EX ret 1.618) and than start It's correction .if we use the Fib retracement the correction is expected to reach the 0.618 line of the Fib.
there is also a Hidden bullish divergence on RSI indicator which strengthen the completion of the crab pattern!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Our more recent analysis of ATOM/USDT :
SE take profit mode off Crab perfectPerfect execution of Bearish CRAB Harmonic Patter.
The 1.618 AXA target hit to penny.. Accumulated position at $204 level.
Expect pull towards T1 level of $220 as we are in take profit mode below recent high.
Good luck to everyone and manage trade with proper stops.
DEEP CRAB PATTERN - $2500 INCOMING"BEARISH PATTERNS DON'T PERFORM WELL IN BULLISH CONDITIONS" - After bears failed at pushing the price lower, the daily time signature is drawing a crab pattern, with the PCZ (pattern completion zone) near $2400. Due to the lack of resistance in this area due to price discovery, the next psychological target for this is $2500. As long as the macro (BTC) stays bullish this is a great trade opportunity.
Entry: based on risk tolerance
Profit taking area: based on risk tolerance, $2500 being the psychological target.
:-) LIKE/SUBSCRIBE :-)