BB: Is at the PCZ of a Bullish Gartley and a Bullish Deep CrabBlackBerry is attempting a spring-and-back-test-of-spring at the bottom of the range that it's been trading within since 2012, and the level happens to align with the PCZ of a huge Bullish Deep on the left, to which it has reacted once before, and on its way to testing the zone a second time and back testing the spring. It's also formed a smaller, more localized Bullish Deep Gartley with some hidden Bullish Divergence on the MACD. If it manages to get back above $5 and stay above $5 in the active session, we would then have room to see it pump all the way up to $24.89 really fast as that is the next major level above and near the 200-Month SMA, but if things really want to get serious, we could see BB complete a Full Measured move of this range which would take it all the way up to the 50% retrace up at around $45.39
Crab
Kroger: Bearish Crab with an Ascending Broadening WedgeKroger has formed an Ascending Broadening Wedge and blasted pass the 1.618 PCZ leading to an ultimate test of the 1.902 HOP level, now KR is trading below the PCZ and has tested it as resistance multiple times this year and has broken below the Demand Line of an Ascending Broadening Wedge. From here out I think the target will be a minimum of $22.32 which would be the 0.886 fibonacci retrace but it could go as low as $17.37 as that would be the standard target of the Ascending Broadening Wedge.
In addition to that, the PPO may soon break below its Demand Line.
SPXL: Bearish Deep Crab with PPO Confirmation at HOP LevelThis is the 3x Leveraged ETF for the SPY, and at the moment we have a 3 Line Strike with a PPO Confirmation Arrow at the HOP level of a Bearish Deep Crab with Bearish RSI Divergence.
If this plays out, I think the SPXL will at least make a 0.618 Retrace of the range, but it could go as deep as 100% or even more.
Bearish Trend in Focus!Despite the current bearish trend of the EUR dollar, there are still ways to profit from the market. After analyzing the weekly, daily, 4-hour, and 1-hour charts, I recommend two potential strategies.
For a shorting opportunity, the 4-hour chart's key resistance area at 1.0693 provides an excellent entry point. Setting an initial stop-loss at 1.0710 and a target profit of 1.0642, you could potentially earn 510 USD per lot. However, it's important to conduct your own analysis before making any decisions.
Alternatively, the 1-hour chart's bullish crab pattern with a bullish trend line presents an excellent buying opportunity. Waiting for a retest of the immediate support at 1.0650, with an initial stop-loss at 1.0630 and a target profit of 1.0672, could result in additional income. By spending just 15 minutes a day, you could potentially earn more.
It's important to remember that investing always carries some degree of risk, and it's crucial to conduct your own analysis. Do not blindly follow any advice.
GBPUSD 4 hr. Forecast for review and comment!#GBPUSD has formed a Deep Crab harmonic pattern in the 4-hour time frame with a good positive regular divergence at the bottom, probability of an increase is high on the condition of breakout the pivot point standard line and the mentioned dynamic trigger. The rate can In an upward rally could complete a shark harmonic pattern in order to answer to the Deep Crab!
Bat and Crab on CIBearish Bat on CI
You can ride the journey on CD as the final leg of the bearish bat pattern completes.
TP1: 88.6 % of XA when the bearish bat pattern is complete.
If trend turns bearish at that point, CI can be shorted all the way down to 38.2% of AD and then to 61.8% of AD.
If the uptrend continues ie. beyond TP1, the pattern will then be a crab pattern. You can then ride the extended CD journey upwards. In this case TP2 = 161% of XA.
SOL/USDT 15m - (Harmonic) Crab PatternI'm waiting for lower prices from today since we can lose the local uptrend to continue with the HTF downtrend, with this tendency being broken we can rejoin the previous local range from VAH to VAL and even lower.
We have the general POC of the entire market record from the Bybit chart also a 4h level flips near as well.
If the harmonic plays, I'm going to join to charge my position to the VAL of the range
SHORT
Position: 20.485
Leverage: 20x
Bearish Momentum Continues!📉 Monthly Chart:
- Support at 0.6160, but no end to bearish trend.
- Consider countertrend moves carefully.
📉 Weekly Chart:
- Market near resistance, but don't miss the bigger picture.
- Be cautious with countertrend trades.
📉 Daily Chart:
- Strong bearish movement.
- Market shows weakness at previous resistance.
📉 Four-Hour & One-Hour Charts:
- Potential countertrend opportunities, but be cautious.
- Look for confirmation before engaging in trades.
💡 Trading Strategies:
- Weekly chart: Gartley pattern at 0.6173 for patient buyers.
- Daily chart: Bullish crab pattern at 0.6191 for buying opportunity.
- One-hour chart: Counter trend buying opportunity around 0.6400 if market breaks lower.
US Dollar Still Bullish📊 Weekly Chart: Bearish bat pattern suggests shorting at 149.33.
📈 Daily Chart: Bullish movement, no shorting opportunity.
📉 Four Hour Chart: ABCD pattern at 147.76, potential shorting level.
🕐 One Hour Chart: Bullish bat pattern with running profits.
🌟 Weekly Chart Insight:
- Bearish bat pattern for potential shorting.
- Waiting for confirmation at higher levels.
📊 Daily Chart:
- Bearish crab pattern at 150.41.
- Focus on 144.79 for buying opportunity.
💡 Trading Opportunities:
- Potential short at 149.33.
- Buy on retest of 144.79.
📉 Four Hour Chart:
- Shorting opportunity at 147.76.
- Consider retest at 144.62 for shorting.
🦇 One Hour Chart:
- Running profits from bullish bat pattern.
- Wait for the violation of 146.29 for resistance confirmation.
BTC/USDT - Crab (Harmonic Pattern) 15mI'm currently looking at this 15m chart and notice a possible crab pattern since I've got a long position open from 25776.
I was waiting for 0.618 fib retracement in point C to charge my position but didn't work, after the retracement finished, I just charged anyway.
*Summary: I'm waiting for that D point in 1.612 to take a profit of 75% and then open a new short position, hopefully, we can get a 10% profit with a 1:3 ratio
BTCUSD and this nice looking Bullish CrabSame as ETHUSD, bitcoin is forming a nice looking bullish crab. With all the negative fear showing, I would like to take your attention to this interestingly looking bullish harmonic pattern.
In addition to this, I would like to mention that the astrological profile for today and this weekend is on the positive side for btc.
TSLA -- short for a swing.Going into Labor Day weekend I like to have a little short. TSLA has outperformed over the 2-yr, 1-yr, and 6-mo time frames, but has under-performed more recently. The upswing over the last 10 days may prove to be a counter-trend move in the context of the downtrend. There are a number of related harmonic patterns that are suggesting as much.
Beyond that, I don't have any great conviction in the trade. I was looking for a short and this one checks a bunch of boxes.
My SL and T1 will follow the deep crab pattern shown on the chart.
GBPJPY: Bearish Crab with Bearish Divergence Re-EntryGBPJPY sits a bit above the PCZ but still shows signs of weakness and has now broken below the faster moving EMAs, if things go as expected, it will start to get pulled back below the 1.618 and begin the greater move down from there as the Japanese Yen does better against the US Dollar than most other pairs.
Macro Bullish BAT, SHARK, and Deep CrabAn extreme speculation outlook on where support may come in for BTC. BAT, SHARK, and Deep Crab all lining up at the 88.6 of the macro fib. The C point is purely up in the air where that could end up, but this must pump up to make a lower high at C to come all the way back to 21k for the full completion to D. Multiple patterns are lining up with this price target. Not to mention a higher low to be put in. From there, this could even go lower, creating another Deep Crab at 12k for the Full .886 of the bull run Shark.
McDonald's Corp: Bearish Deep Crab with Double PPO ConfirmationWe have a Bearish Deep Crab with a PPO Confirmation Arrow and a Circle with MACD Bearish Divergence and have broken below the faster moving EMAs. I would next expect this to make at least a 61.8% Retrace, which would take it back to about $185.
This makes the third major Dow 30 Stock that has signalled something ultra bearish like this; the other two being UNH and MSFT, which can be seen below:
We are likely looking at a major correction coming to the Dow Jones Industrial Average very soon.
Unraveling Dollar Yen's Trading MazeHey there, traders! 🌟 Let's delve into the tricky landscape of dollar yen – a setup that demands our attention. The overarching trend suggests a bullish journey, but buckle up, because there are twists ahead. 📈
News flashes about the potential Bank of Japan (BOJ) intervention and the recent wastewater stir have stirred the pot. 🌊⚖️
For the conservative trader, a week of observation might be prudent. But for those risk-savvy, why not seize the day? When big news lurks, colossal movement follows, and with the right risk management, why not chase those opportunities? 💼💰
Gazing at the weekly chart, we spot a retest at the previous high – a pivotal zone for the week. The tantalizing prospect of a break and close above this high tantalizes for a continued rally. But guess what? Immediate resistance lurks nearby. 🛑📊
In the grand scheme, to sustain a bullish trajectory, the magic number is 152.02 on the weekly chart. 🚀
Shifting to daily charts, the high gets retested with a sly RSI divergence – a whisper of counter trend play, perhaps?
Now, for the four-hour setup, a familiar pattern – retest, RSI divergence – all hinting at an intriguing possibility.
And guess what? The one-hour chart mirrors this with its own RSI divergence dance. 🎭📉
For the curious minds eager to learn trading nuances.
Now, let's revisit our trusty weekly chart and unfurl our analysis on Dollar Yen. A bearish bat pattern beckons a shorting venture at 149.40. Daily chart enthusiasts, the confirmation for crab pattern enthusiasts swings by at 150.45.
Are you eyeing a buy? Retest the immediate support at 144.65 for a potential entrance.
Zooming into the four-hour chart, ABCD pattern aficionados can keep an eye on 147.79 for counter trading maneuvers.
Buying prospects? 144.62 or 144.02 could be your calling.
Remember, when the market respects these levels and avoids sinking further, it signals the support's sturdy stance. 🏗️
And oh, the sweet RSI divergence on the one-hour chart – a touch of icing on our trading cake. Once 146.55 gets a respectful tap, I'll be diving into an aggressive counter trade. 🚀
CAH: Bearish Crab with PPO Confirmation on the WeeklyCardinal Health has traded up to a Macro Supply Line which happened to align with the BAMM Target of a Bearish Crab and from there we formed MACD Bearish Divergence and got the strongest form of PPO Confirmation, as a result I now expect that we will begin a very deep retracement back down similarly to how Strongly CVS has responded to its own topping pattern which can be seen in the Idea Below:
A Dive into the Australian DollarTrading strategies offer a captivating avenue, providing opportunities to engage trades with less overthinking. In the case of the Australian dollar, however, it has displayed weakness, manifesting a bearish trajectory. Let's explore this together. On the weekly chart, an important point arises – the violation of the previous low. While not a critical support level, it warrants attention.
Shifting to the daily chart, a significant support breach is evident, potentially inviting bearish traders seeking shorting prospects in the upcoming week. 📊📉
Zooming into the four-hour chart, the market witnesses a robust bearish movement that transitions into consolidation. This consolidation beckons Counter-Trend Traders to consider buying within this region, while Trend Traders eye selling opportunities around 0.6441. The one-hour chart unveils a similar consolidation, often breeding patterns that attract a flurry of traders. This is a pair that should not be underestimated or overlooked. 📈🔄
Revisiting the weekly chart, trading strategies come into play. The bullish gartley pattern at "X" carries a warning – its slight dip below the pattern merits careful interpretation, contingent on your candle reading skills and trading rules. This approach has worked seamlessly within my trading setup, tailored to specific currency pairs and timeframes.
Shifting to the daily chart, sideway movement and increased volatility have persisted for months, casting caution for those seeking buying opportunities on previous support levels. The awareness to discern this pattern could have spared traders potential losses. 📉📈
An intriguing setup emerges – a crab pattern at 0.6193. A counter-trend buying opportunity beckons, although emphasis on magic candle confirmation at the PRZ remains paramount. Progressing to the four-hour chart, my focus is elsewhere. While trendlines and resistance at 0.6439 suggest shorting prospects, they do not capture my attention. 📈📉
The one-hour chart, however, holds promise. A deep gartley pattern setup at 0.6470 signals a shorting opportunity. Upon achieving and surpassing my first target, I may choose to maintain the trade, securing profits. If you're drawn to the allure of dedicating just 15 minutes a day for enhanced income, even to potentially replace your current job, don't hesitate to drop me a message. Let's explore this avenue together. 📈💰