Deep Crab
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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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!
USD/JPY - Bearish Deep CrabUSD/JPY is currently forming a bearish deep crab pattern on the 4h chart, providing a trading opportunity with a 1:2.6 risk to reward.
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
X to D: 1.618
Keep this on the watch list! Price has just confirmed the PRZ.
Thank you for your support everyone :)
Trade Ideas Position: USDJPY Deep Crab H1 forming a Type 2 deep crab formation, what I love about this deep crab is that it does provide
1. a Shorting opportunity to by next bullish entry
2. RSI Div
3. Retest which is known as type 2 but Target1 not yet attained!
Exact Entry, Stops and Target will be share to my inner-circle.