Deep Crab
Trade Ideas Educator: NZDJPY CrabA bullish deep crab setup on the 1-hourly chart on NZDJPY has a deeper entry of the 4-hourly 5-0pattern.
I will be observing how the market react at 5-0 pattern completion to decide if to engage the deep crab pattern and may even extend the target deeper.
EURUSD Harmonic Deep Crab daily chartsAwaiting confirmation for this one.
Scouting this on the lower timeframes have led to several short positions.
Still potentially looking to go long around 23.6% CD retracement
God bless
Trade Ideas Position: CADJPY CrabA deep crab pattern as a sideways countertrend trade has engaged. Overall movement of CADJPY seems a bit whipsawy but it is still a side way setup. RSI has extremem overbought and is well resisted on higher timeframe.
Trade Ideas Position: CADJPY CrabA bearish deep crab setup for a trend trading opportunity on the daily timeframe.
Having this countertrend setup on the 4-hourly timeframe does stage a great trend trading opportunity for the higher timeframe.
CAD/JPY - Harmonic Pattern (Deep Crab) - Long positionA complete Harmonic Pattern (Deep Crab) is confirmed so I think it is the perfect time for a long position as shown.
Gold Weekly Deep crab H4 gartleyHi there, It has been a long time did not post anything lol.
Recently Oil and Gold has been in large daily swing play as the market mood swtiching risk- on and off enviroment because of trade war tension plus potential global recession. Due to the fact all central banks around the world start cutting rates, investors starting get panic which jumped into safe heaven bets(JPY,CHF,GOLD etc.)
Oil(Daily Bullish butterfly) consider as risky asset with a large correlation with CAD(The only major central bank did not cut the rate), that is the 1st clue of a potential strong CAD among majors from the price action after news has been released, see details in CAD/JPY and USD/CAD.
From my observation lately that USD/JPY have a strong negative correlation with Gold, there is a Weekly bullish Bat 2.618 pattern from U/J after a long consolidation at the bottom.
Once the Risk-on mood started, All safe heaven assets will drop but i think it just a temporary retracement, super long term view on Gold still bullish. But have to take this shorting opportunity tho :)
MON-WED looking for Long the H4 pullback on GOLD, Sell-off starting the end of week.
Trade Ideas Educator: AUDCAD CrabA bullish deep crab setup within the buy zone, the latest candle that you have seen on my LIVE data did not close below the low of the low price that touches Point D, hence it is still considered to be a long at the buy zone.
With the above definition, the market still is a trend trading opportunity. Yes, you hear me right, trend trading.
Trade Ideas Position: AUDCAD CrabIs not just a crab pattern but a deep crab pattern with a type2 bullish bat within the buy zone.
A great consideration for a trading opportunity but I will leave that decision to you.
Happy Friday.
USDCHF - watch for short entries within daytradingUSDCHF formed blue bullish Shark pattern and currently it forming Bearish Deep Crab pattern or bearish alternate 1.618 Butterfly pattern. Watch for short execution in the red boxes.
GBP/USD Potential LongGBP/USD is looking like a good long for next week. Formed a nice deep crab harmonic pattern.
*This is not trading advice. Simply showing you all my thoughts for next week*
All feedback appreciated!
GBPCHF Deep crab plus BATWaiting for long this pair is like forever, after several days of consolidation Spiked upside and then reversed sharply. I guess they knew that a lot of ppl will long on the Deep crab 1.618 plus quarter point.
Hopefully it will drop to PRZ and then looking for reversal , 1st TP will be Fib retracement 23.6% keep in mind, CHF is still pretty strong at the moment
