Bearish deep crabHello Traders!
We have here Bearish Harmonic Crab Pattern which is already completed, as the RSI is below the overbought extreme area of 70, the expectation for the market to fall to the target identified. We will wait for price action and/or candlestick pattern to confirm our direction. your portfolio, your choice!
cheers
Deep Crab
AUDUSD - Noisy Little CrabFX:AUDUSD Monthly Analysis - Daily Time frame
Potential Bearish BAT Advanced Pattern 0.886
Potential Bearish Deep Crab Pattern 1.618
Potential EW Impulse Wave (12345)
Potential little Bearish Deep Crab Pattern AC 0.533
Support and Resistance Levels
Moving Averages
Fibonacci Retracement Levels
This is an update from previous weekly chart analysis, which is almost the same as Ethereum - Head in the Clouds Pattern
So Bulish Continuation is 99% for sure. and now for this week's case, the pair is still trying to give a little drama whether there will be a correction or continue the uptrend, if the candle is closed below the magenta SR level. it will potentially form a bearish Deep Crab Pattern. and this is where the hedging strategy is needed to protect the value of the investment.
The Money Journey - Hope for the best and prepare for the worst
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Gold - HTDWTC II - Shark Bite In DetailFOREXCOM:XAUUSD Monthly Analysis - Sell for this Week then Buy until next Month
Potential Bullish Butterfly Advanced Pattern BC 0.382-1 XD 1.272
Potential Bullish Butterfly Advanced Pattern 1.272
Potential Bearish Shark Pattern AC 1.13-1.618 BD 0.886-1.13
Potential Bullish Deep Crab Pattern 1.618 (unconvincing x-b?)
Impulse Wave (12345)
Support and Resistance Levels
Moving Averages
Fibonnaci Retracement Levels
Hope for the Best and prepare for the Worst
This is an update from previous weekly chart analysis
~ The Money Journey
Press the Likes and Follow button even if you don't want to.. that's just what is called "Thank You for all your Free Support" :)
ADABTC Bearish Deep Crab - Its time to consolidateADA has made a great bullish move to the upside, filling out the entire equidistant channel in the chart
The parameters for a Bearish Deep Crab have all been met
Point D still needs to be verified by a reversal in price action in the next few days.
Bearish divergence on all time scales up to one day
Plotted targets are your shallow retrace (38.2), moderate retrace (50%), and golden zone (61.8)
The degree of retracement will be influenced by the price action of bitcoin, if there is a big sell off, look for a deeper correction for ADABTC
Thoughts or comments are welcome
Posting these helps me learn, hope others find some value here
Good luck traders
EURGBP H4 Bullish Deep CrabNice Bullish Deep Crab completing nicely at the last price pivot point. Good Risk-Reward Ratio.
For conservative traders, you can consider waiting for more confirmation such as Double Bottom or reversal candles before entering the trade.
Entry: 0.8822
Stop Loss: 0.8775 (-47pips)
TP1: 0.8922 (+100pips)
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To all traders, may all your trades be green :)
SHORT Trade Ideas Positions : AUDUSD CrabThe D point of the Crab completion on 1-hourly chart is in line with H4 Resistance.
I've shorted this as a counter-trend trade and have share the targets to my subscribers.
Check out our Oct 2018 results where we achieved a total of 2,333pips in a single month.
forex100academy.com
Trade Ideas Positions : AUDUSD CrabThe D point of the Crab completion on 1-hourly chart is in line with H4 Resistance.
I've shorted this as a counter-trend trade and have share the targets to my subscribers.
Check out our Oct 2018 results where we achieved a total of 2,333pips in a single month.
forex100academy.com
Trade Ideas Position: USDCAD CrabA Deep Crab setup ended with a double top, strong resistance if we look left we can spot that Point C of the Gray Triangle is also resisted at that level.
Engaged this trade mainly with the counter trend trade and great reward is to risk ratio.
Exact Stops and Targets share to my subscribers, in the month of October 2018, I have produce a total of 2,333pips net profits in our trade, so, if you don't wish to miss another great trade ideas, just subscribe to us.
forex100academy.com
Deep Crab on the Pound, be patient!A deep crab pattern is potentially forming on the pound.
Be patient and wait for this pattern to complete before considering whether to go long.
In the shorter time frames, I will continue to keep a lookout for patterns to short before this big pattern completes.
We are approaching the end of 2018, hope we can buy low on the pound and ride a few hundred pips to start 2019.
GBPUSD - Deep Crab Pattern
PRZ 1.2230
SL 1.1980
TP1 1.2688
TP2 1.2888
Do not use a pending order, wait for a price reaction at PRZ before going long.
Limit your risk to no more than 2% of your capital always.
Good luck and good trading!
Possible Deep Crab on NZDCAD 4hPrice rose steadily from 0.87250 but has dropped a little on the last 2 bars. Nonetheless, pattern is about to complete.
Wait for it and analyse it behavior on PRZ... after D is defined recalculate your numbers. I'll try to get it on its way down.
Numbers look like:
Entry: 0.89180
SL: 0.8975 ( wait for the PA retracement)
TP1: 0.87789 (.236AD 2.56 RR)
TP2: 0.86915 (.382AD 4.13 RR)
TP3: 0.86208 (.500AD 5.41 RR)
Good Luck!
Gold - Aligning 3 Bearish Patterns in THIS zoneThis is Gold at a critical resistance zone.
Firstly we have a bearish crab completing around 1232 - 1235.
Next we have a butterfly completing around 1238.
Lastly, we have a shark which will also complete around 1238.
It depends on which pattern you want to execute on.
Crab
PRZ 1234
SL 1245
TP1 1212 (AD 382)
TP2 1200 (AD 618)
Shark
PRZ 1238
SL 1245
TP1 1232 (CD 50)
TP2 1227 (CD 886)
Gold - Bearish Deep Crab PatternGold could be completing a bearish deep crab pattern in the coming days.
After rebounding perfectly off a bat pattern, will this deep crab give us another great profit opportunity in the next few trading days?
Deep crab differs from Crab at the B point, where the retracement is much deeper at 88.6%.
This 88.6 retracement usually reacts off the XA 161.8 nicely due to its harmonic nature.
PRZ 1232-1235
SL 1245
TP1 1215
TP2 1200
We can see Gold back at 1200 if it both TP of this deep crab pattern is hit.
Good luck and good trading!