Crab
DAX D2: Potential Directions // Deep Crab vs. SharkThe price on the German index moves upwards in the ascending channel.
On the Daily chart and up, we can see Potential Bearish Crab with the PRZ zone around 17250, more possible with the current trend. Breaking ATH could confirm the pattern. The next significant level would be 15000.
Potential double top on a weekly time frame. Dropping below neckline 13,300 would confirm this formation, and that would mean the realisation of the potential Bullish shark pattern.
All arrows are just copied and pasted - measured move!
More analysis available on polish version TV.
USDJPY-Weekly Market Analysis-Mar21,Wk1USDJPY is an uptrend channel, within the channel there's a shorting opportunity. If you have shorted based on the Bearish Shark Pattern and Bearish Crab Pattern.
It's understandable if you are worried that it might hit the Stop-Loss, a break and close below the trendline will give better peace of mind for a counter-trend trading opportunity.
USDJPY - Bearish Shark & CrabA Bearish Shark & Crab pattern setup and completes at the same point.
You can wait for a retest back to the previous high for a Type2 shorting opportunity for the Harmonic Patterns. This might look like a countertrend trade for most, but it is a potential trend reversal setup for me.
Perfect automated detection of DeepCrab pattern - ShortEntry(sell) 1.09900, T/P1 1.08800, T/P2 1.07500, S/L 1.10500
A Bearish DeepCrab pattern occured near the resistance zone of 1.100-1.105.
(In this resistance zone , there was a rebound in Sep 2015, Mar 2016, Sep 2016, Jul 2019, Sep 2019, Oct 2019, Dec 2019)
Short entry aiming for rebound.
GBPUSD Short, 500 and 800 pip profit targetsBearish Crab Pattern on the weekly chart. This short comes as the RSI reaches its highest level since January 2018.
We are also inside Gann's Death Cycle. This is the 48th to 49th weekly bar along with transitioning into the 7th week (49 days).
Out of the last 15 weeks, only two of those weeks have seen a close below the open.
Not shown is the clear divergence that exists between the daily RSI and CI.
There is also a massive, massive gap between the weekly Tenkan-Sen and price along with the gap between price and the Kijun-Sen.
Also not shown is the GPL (Gann Planetary Line) of Saturn, which is the natural resistance level for GBPUSD, the GBPUSD is trading right up against that level.
Couple that with falling average aggregate volume, this is setup for a beautiful short.
Also not shown is the GPL (Gann Planetary Line) of Saturn, which is the natural resistance level for GBPUSD, the GBPUSD is trading right up against that level.
Entry between 1.3980 and 1.4025
Stop at 1.4250
Profit 1 at 1.3174
Profit 2 at 1.3484
USDCHF A Five-0 Harmonic PatternLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
Bitcoin could be heading to 100k It appears that Bitcoin is being used to hedge vs the US Dollar crashing.
$84,000 is certain in sight and who knows it could get to $100,000 sooner than anyone might of thought
I still think that BTC is too volatile for my liking and therefore I've stayed out. I've been happy to avoid FOMO.
I think that many will profit from a possible further charge north. But there is also still a risk that it BTC could reverse significantly.
Comment: For anybody trading an inherently very volatile instrument like BTC (and others such as exotic currency pairs), the big issue is loss control.