Deep Crab
VETUSDT HAS TAKE-OFF! TODAMOON?Trade with care and at your own risk.
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
AMAR RAJA BATTERIESIt has activated a Bullish Harmonic Deep Crab. It could bounce back to 835/875 as long as it does not breach 785
ONE, it's timeONE, Harmony, 4h: out of the sands of this bullish deep crab emerges a triple bottom with bullish convergence. Brick wall at 13.5 cents with MACD flippin green and RSI keeping bullish control zone. The overhead Fibs can be extended to 2, 2.618, 3, 3.618 & 7. This is trading 101. Enjoy! leave a comment if you feel so inclined.
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.
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.
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.
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).
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!!!!