Deep Crab
NZDUSD - Bearish Deep CrabCompared to his siblings, NZDJPY, NZDUSD has a better setup. Both having bearish bat pattern o the daily chart, both having bearish engulfing with a pink arrow on the 1-hourly chart but only NZDUSD has a bearish deep crab setup. Pending Order place for his trade and let's see how this trade turns out.
FCPO - Entering Supply Zone AgainFCPO now is entering the supply zone once again after climbed more 1000 points after rebounded on May 2020. This zone has been visited 3 times in late 2016, beginning of 2020 and here in present.
A V-Shape accompanied with a bearish harmonic deep crab may witness the upward trend could be stalling. Price action plays the crucial role to determine the price will be rejecting in the supply area.
A short opportunity if price reject in the potential reversal zone (Light Blue Box), may give a potential 1st target to visit 2596 area with a stop of 3233
Eagerly awaiting for this potential event.
FCPO - Bearish Deep CrabFCPO price broke out of ranging between 2475 - 2294 & formed a bearish harmonic pattern in the TF H1. By observing the higher TF chart, the current price which is overvalued indicated by the relative strength oscillator. Potential short term reversal might happen soon.
In order for the price to respect the pattern, the stop level shall be test & might overstretch it before going back into the permitted entry zone (Blue Box). Pay attention to the price action for trade execution.
Stops : 2567 (slightly higher would be better)
PRZ : 2554 - 2506 (Blue Box)
TP1 : 2454
TP2 : 2393
NAS Crab Is Trying to Rise to Next Golden Level the detail is shown on the above Idea.
this Idea is in Continuation of my Confirmed Previous Idea.
in the previous Idea, Nas bearish is done to lower the golden level and after retracement of golden level Nas is Flying to the upper golden level.
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Perfect automated detection of DeepCrab patterns - shortAlthough it tried to reach the high price of 1.330 several times from September 2018, it did not break out and fell thereafter.
This time too, it will be Short if it falls below 1.31 (T/P around 1.28, S/L 1.33).
Conversely, if it breaks above 1.34, it changes to Long.
Potential Deep Crab on the pound @ 1.2780GBPUSD looks to be continuing its ascend towards new monthly highs.
A small bullish has just completed on the 15min chart with potential stretch targets around 1.2780.
A big bearish deep crab will complete around this price.
Short term, I will be looking for potential buys at good support.
Mid to long term, I will be looking to short when the big crab completes.
Good luck and good trading!
EURJPY will be falling from the sky at the price 125,000!!!!Analyzing Elliot waves, trends, confluences of harmonic patterns, areas of strong fibonacci retracements, in addition to the zones of strong resistance, pivot zones, as a bonus, the fibonacci fan indicates that retreat at that point.
SUPER ENTRY POINT! DO NOT LET IT LOSE!