Deep CrabDeep Crab pattern 88.6 retracement of XA and 61.8 of AB. D point is at BC extension 3, AB = CD 2 and XA extention at 2.272
Deep Crab
Complex patterns on EURUSD are forming and matching results !!!Hello guys ,
First of all sorry guys for this crowded chart but couldn't do it better than this but dont worry i will explain. So lets go !!
FIRST , EURUSD is forming expanding flag in higher time frame , 12H-D,
The light orange Pattern is called Deep Crab, and it will happened before the blue Pattern .
Deep Crab Rules :
AB=0.886 XA leg
CB=0.382; 0.886 AB leg , but i took the 0.76.4 because there are a lot of fib retarcement in that area
CD=1.618 XA leg
Note: we can go long when we reach the C leg is completed(1.04100) SL: 1.03362,, T:1.0800
but of-curs after checking your entry setup and strategy.
Targets are: 0.382;0.618 CD Retracement; i will go with the second target because it matches the second pattern ending !
The blue pattern is called Zero-five Pattern , Rules of Five Zero :
AB=1.13 XA leg
CB=1.618-2.24 AB leg
CD=0.5 BC leg
Targets are: 0.382;0.618 CD Retracement
Note: maybe that last target of Zero-Five patter in the time to go short for long term trade , but its too early to think about it
NOTE : USE YOUR STRATEGY TO TRADE, THIS IS ONLY AN IDEA
Please if you like the idea support me with like or comments if you disagree please leave a comment; i would like to know that i am wrong before i lose money :P
AUDUSD Short NOW at 0.7300 with a bearish deep crab Happy New Year everyone.
This is my first trade for 2017. I see 0.7300 as a strong resistance and this is further confirmed by a deep crab pattern setting up. The trade is now triggered. My entries are shown below.
I will target the 0.7150 level for the final ticket.
Ticket 1:
Direction: sell
Entry price: 0.73
Stop loss: 0.7335 (35 pips)
Target: 0.7260 (35 pips)
Ticket 2:
Direction: sell
Entry price: 0.73
Stop loss: 0.7345 (45 pips)
Target: open
Silver Deep Crab Pattern Completion at Key ResistancePrice has climbed and reached a slide parallel of an active upsloping pitchfork, which previously has acted as support. At this resistance level we have the completion of a bearish deep crab pattern. Sl and tp as shown at the chart.
EURUSD Deep Crab Reversal Targets Hello traders
we are near the completion point D of deep crab reversal pattern ,
Please wait for good entry setup which matches your strategy and make some profit
Our first target will be the 38.2 Retracement
Our second target will be the 61.8 Retracement
AUDSGD. BULLISH DEEPCRAB PATTERNHere we have a beautiful high probability bullish setup
A nice bullish Deep Crab pattern
Potential Major price rejection at 1.00000
Potential target 1 above the Minor price at 1.03319
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
AUDSGD. BEARISH DEEP CRAB PATTERNHere we have a beautiful high probability bearish setup
A nice bearish Deep Crab pattern
Potential Minor price rejection at 1.06000
Potential target 1 at the Half major price at 1.05000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
USDJPY long DEEP CRAB pattern bullish 116.21SL below D
(115.66 minus spread)
Entry
116.10
Targets
116.87,
117.39
WTI short - potential butterfly and deep crab patternhi guys, two potential bearish patterns near structure resistance back from December 2014. watch price action in the PRZ and trae with care.
XAUUSD. BEARISH DEEPCRAB PATTERNHere we have a beautiful high probability berish setup
A nice bearish DeepCrab setup
Potential Half major price rejection at 1155.537
Potential target 1 at the Half major price at 1145.000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought)
USDNOK. BEARISH DEEPCRAB PATTERNHere we have a beautiful high probability berish setup
A nice bearish DeepCrab setup
Potential Major price rejection at 8.80000
Potential target 1 at the Major price at 8.60000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought)
USDSGD. BEARISH DEEPCRAB PATTERNHere we have a beautiful high probability bearish setup
A nice bearish DeepCrab setup
Potential Half major price rejection at 1.45586
Alse a confluence FIB zone
Potential target 1 at the Minor price at 1.44000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought)
SPX - Bullish until 2350Hey guys, this is rare and something I have yet to see before in my 10 years of studying the markets.
Usually, the USD strengthens and the stock market drops.
This is the only time where I see the stock market go up together with the USD.
I am hoping the bullishness in the stock market will be short lived, I hope the market will drop so that we are able to buy low on quality stocks.
For those trading the indices, my bias is still bullish on SPX until it hits 2350.
At 2350, the deep crab pattern completes on the weekly chart and we might see a correction.
This is not a call to short it but more like DO NOT SHORT S&P before it hits 2350.
We will monitor for reversal clues off 2350 before we consider whether to go short on the index.
Good luck guys!
USDCAD long DEEP CRAB pattern bullish 1.3229SL below D (1.3061)
Entry 1.3120-1.3104(best price),
Targets 1.3288, 1.3402
US30 Bearish Deep CrabAlmost perfect Bearish Deep Crab waiting to complete. (D) leg is also AB=CD 1.27 extension and on major YEARLY resistance. Price is nicely following channel and bouncing from extensions.
EUR/TRY - Bearish Deep CrabInteresting setup on the Daily chart for EUR/TRY with a potential bearish deep crab, as you can see price is currently trading within an ascending channel and has attempted to breakout multiple times.
The measurements for a valid deep crab pattern are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
Final X to D: 1.618
AUDNZD:Bullish Deep Crab PatternThe bullish deep Crab pattern is completing at about 1.048 levels and the previous strong supprot also works at this zone.
Meanwhile the bullish candles have appeared.
So it is good to buy long at 1.047-1.049 levels.
SL:below 1.046
TP1:1.059
TP2:1.065 and further more
UJ this short already happened, however Follow_The_Spiral Minutes before the rally, my Friend Follow_the_Spiral predicted this quick fall due to a deep crab that he identified, drawn here.
We were Analyzing EJ and talking about that harmonic pattern and he mentioned that he identified that pattern and a possible fall in UJ, I do not know if he trade it, however he predicted it.
Kudos Master!! @Follow_The_Spiral
Two Other Shorter Term Longs Nearly in PlayHere, we see a Bat pattern that might come into play and a shorter term Deep Crab that is very nearly triggered.
The two patterns taken together form a relatively tight "potential reversal zone". Targets are set at 38.2% and 61.8% of AD for both patterns.
USDJPY possible bearish Crablooking at a potential bearish deep crab forming on the 15 minute chart.
possible reversal zone of 101.65-101.80
SL @ 102.05
TP1 @ 101.142
TP2 @ 100.768
