Decent Upside Potential at the PCZ of Bullish CrabWe have bullish Divergence on both the MACD and RSI at oversold levels at the PCZ of a Bullish Deep Crab.
Stop Below 1.10
Take profit target: b2 $2.00 and beyond.
Deep Crab
SPX Monthly and Daily Timeframe Price Action UpdateA while ago i uploaded a Monthly logscale Parallel Channel chart that showed that it reached the top. Today i am here to update the plotting of that channel and to provide a secondary more immediate view of price action on a lower Timeframe (The Daily) in the form of a rising wedge at the PCZ of a Bearish Deep Crab pattern as we're at the potential reversal point for both right now.
I think the SPX will have a hard time breaking above the zone i have shaded in the red and could see a 15-30%+ correction towards the bottom of the channel from here.
I have been buying volatility ETFs such as UVXY and VXX to cover myself in the case that we do experience this massive drop.
USDCAD .... Looking for a Reversal BottomKeep an eye on USDCAD which may reverse with oil weakness and DXY strength
We have a evolving Deep Crab Harmonic formation on the 1hr. together with aconfluence of 2 modified Schiff Pitchforks.
Deep Crabs sometimes extend to a 1.90 XA extension which is reflected in our stop placement.
Suggested targets are market.
Do your own DD.
S.
NASDAQ H1: Potential Bearish Shark & Deep CrabPotential Bearish Shark (blue) and Deep Crab (red) mentioned in the last analys.
Currently price is testing 200SMA. We may see bounce from the Shark B-point 618, retest Crab B/channel median and then continue to the PRZ zone by forming an ABCD.
Below chart with previous with failed Gartley.
DAX D2: Potential Directions // Deep Crab vs. SharkThe price on the German index moves upwards in the ascending channel.
On the Daily chart and up, we can see Potential Bearish Crab with the PRZ zone around 17250, more possible with the current trend. Breaking ATH could confirm the pattern. The next significant level would be 15000.
Potential double top on a weekly time frame. Dropping below neckline 13,300 would confirm this formation, and that would mean the realisation of the potential Bullish shark pattern.
All arrows are just copied and pasted - measured move!
More analysis available on polish version TV.
Perfect automated detection of DeepCrab pattern - ShortEntry(sell) 1.09900, T/P1 1.08800, T/P2 1.07500, S/L 1.10500
A Bearish DeepCrab pattern occured near the resistance zone of 1.100-1.105.
(In this resistance zone , there was a rebound in Sep 2015, Mar 2016, Sep 2016, Jul 2019, Sep 2019, Oct 2019, Dec 2019)
Short entry aiming for rebound.
BTC to $64kUpdate from previous BTC chart noting 30k area as a Buy!!!. Still holding my position. Other than some minor retraces I see no reason this level will not be achieved..
Follow green lines to $64k Dorothy...
Good luck to all.
I expect Deeper penetration for the deep crab pattern - GBPCHFall the GBP pairs are showing an aggressive trending market. with such market condition, i do expect the pattern to penetrated a little bit then at least we going toward TP1.
activation level will be update accordingly
Perfect automated detection of DeepCrab pattern - ShortEntry(sell) 1.24500, T/P1 1.23000, T/P2 1.21000, S/L 1.25500
A Bearish DeepCrab pattern occured within the resistance zone of 1.245-1.255.
(In this resistance zone , there was a rebound in Sep 2018, Dec 2018, Jan 2019, Jul 2019, Sep 2019, Jan 2020, Feb 2020)
Short entry when rebound again.
ETH/USD 1H 1.902 Deep Crab patternPlease Like & Subscribe!!! Thanks !!!
ETH/USD 1H 1.902 Deep Crab pattern
#Sell-TP 1=1530.00 TP 2=1405.00
-------SL=1808.60
AUDJPY ReversalPrice has printed a Deep Crab harmonic formation at the top of the range. I will be waiting for some seller volume before looking for an entry.
Disregard the entry line , Ill be looking to take profit at 0.382 and 0.618.
NZDJPY - Bearish CrabAn RSI Divergence is born after the retest of the previous high give an opportunity for the risk-takers to engage the trade, there are 2 levels that traders need to observe, a break and close below of the red box and a break and close below of the black line for the safe passage towards the promised land(profit level).
SPY Eye of the Sniper2.0 DeepCrab - PRZ marked Including ABA expansion fibs
2.27 & 224 both align with XA 2.0 for confluence of potential reversal.
At the extreme is ABA expansion 2.618 & XA 2.24 PRZ 409.45
1.618 swing high / low - also Marked @ 413.87
AMD Cypher to 91.54Previous pattern Deep Crab completed back to a Double top (love overshoot grabbing some Stops) and now created a Cypher pattern to the 786 retracement.. Spotted before close went short with a $1 stop over todays high to protect against stop hunt.. AMD in take profit mode so Cypher lines up perfect down to target.
Less aggressive play is to wait for break of B point on Cypher for confirmation but looks solid.
Good luck!!!!
Potential Deep Crab - Not perfectLooks like there could be a potential deep crab here. However, it didnt retrace all the way to the .886. This is also a good lesson in PRZ. The PRZ is almost never exact. That is why it is a zone, however it is consolidating here above the 200MA in the PRZ. Technical target long term would be the 1.618 retrace. However I would take profits around the different fibonacci levels shown. Not sure if I will enter this one yet as I have not watched a deep crab play out yet. Also hidden bullish divergence. Not financial advice.
Perfect automated detection of DeepCrab pattern - ShortEntry(sell) 0.98200, T/P1 0.97000, T/P2 0.94500, S/L 0.99200
ZECBTC Bullish Deep Crab 1DDiscovered a Deep Crab Harmonic Pattern on ZECBTC 1D Timeframe...
Also you can see the reversal candle stick pattern at the pivot...
Potentially it can raise up to 0.618 Ret level that is 0.0045 BTC...
Watch this pair and set your trigger point...
SPY DEEP CRABSPY Deep Crab completion. at 1.618 AND MAJOR FIB LEVEL..
Sellers sitting at 381.
Merry Christmas!!!!!
