Bullish Crab
Trade Ideas Position: GBPJPY ButterflyA Butterfly Pattern, ABCD and Crab pattern form as a bullish setup and this pose a threat to my already 100pips profit short trade on the 4-hourly timeframe on a bearish crab and bearish bat shorting opportunity.
What will you do if you were me? As for me, a little retracement is normal and expected after a 100pips dive.
I had engaged in this buying opportunity to gain small profit if it hit stops, I'm not worried as I'm already 100pips in advance of the move, without risk as it creates a hedge trade scenario.
Best case scenario, I can capture the retracement movement. Worst case scenario I got stop upon this trade but a deeper dive into my shorting trading direction.
Trade Ideas Educator: AUDCAD CrabA bullish crab pattern completes within the range of an ABCD pattern on the daily chart. It does show candle reversal, a retest of the previous low can sweeten the deal in consideration of engaged this trade as a countertrend trade.
It may interest you that this is also a demand zone of the monthly chart.
EURUSD-Weekly Market Analysis-Feb20,Wk4A bullish engulfing candle closes it shows the first sign of potential reversal towards the upside setting a countertrend trade opportunity. The beauty of this setup is the ABCD pattern completes within the range of the bullish crab pattern.
Traders can consider waiting for a retest of previous low for a better Reward: Risk as a trading opportunity.
EURUSD-Weekly Market Analysis-Feb20,Wk3EURUSD has moved into the immediate support on the weekly chart and has both a Bearish Crab and ABCD pattern as a counter-trend trading opportunity.
Although 1.0825 is the demand zone of the weekly chart(8 May 2017), I would still need candle confirmation before I can engage this trade.
EURUSD-Weekly Market Analysis-Feb20,Wk2Waiting for the D point completion of the bullish crab pattern for a counter-trend trade setup. At this level, it is also the candlewick of the weekly chart, it does bring focus to my attention. Even though a candle confirmation is important before I look for engagement of this trade setup.
AUDUSD Potential Bull Crab Pattern RBA based retracement is blocked by Coronavirus and upbeat U.S Job Reports.
Rounded Top and Potential Crab as described on the chart.
Have a nice weekend!
Trade Ideas Position: NZDJPY CrabA bullish crab setup that seems to have 3bar reversal might be a great setup for a countertrend trading opportunity.
Having RSI at the extreme and hook back is an advantage to this setup
Trade Ideas Position: GBPUSD SharkA multiple completion at a similar range. Bullish Gartley and Bullish Deep Crab on the 4-hourly timeframe and bullish Shark on the 1-hourly timeframe. What will be your trade plan?
I have modified both stops and targets if you are interested to know, then you have to join our community. Check out (3)
Trade Ideas Educator: EURJPY CrabOn the daily chart and the 4-hourly chart, it is a bearish setup and this timeframe it is a bearish setup.
EURJPY now present a counter-trend trading opportunity below the PEZ. Yes, it is still valid for this instance as long as it doesn't break and close below the blue box I've plotted.
It all depends on how the market open and if the reversal occur, if it does, traders who missed the higher timeframe shorting opportunity may just have a better price entry for a short.
GBPUSD-Weekly Market Analysis-Jan20,Wk3On the daily chart and 4-hourly chart, it is a bullish trend. So if you plan for a buying opportunity, yes, you are trend trading.
Having the bullish Gartley(yellow) and bullish Crab(red) that encourage the market to fly and I've took profit.
Right now I'm waiting for a retest at the support within the overlapped blue box zone for a type2 trade.
A break and close above the red box can send the pair to a higher range.
Trade Ideas Position: EURJPY CrabA bullish crab pattern with arrow confirmation setup for a trading opportunity as the overall trend on the 1-hourly and 4-hourly shows a rather bearish and selling opportunity, I will be taking conservative targets for this trade setup.
Trade Ideas Position: USDJPY CrabA bullish crab setup, deeper than a bat pattern that I was waiting for, a checkback has happened and made this a valid trade to consider to engage.
Trade engaged as a trend reversal on a larger timeframe - daily chart.
Trade Ideas Educator: GBPJPY ButterflyWithin the demand zone of this 'endless' ranging on GBPJPY has this beautify setup of the bullish butterfly(cyan) on the 4-hourly chart and a bullish crab(red) BC leg of the bullish butterfly appears on the 1-hourly chart. I will engage the trade based on the bullish butterfly entry and stops(with my filter).
The interesting part of this setup is the set happens within the demand zone. That gives a very good setup for a buying opportunity and trade extension of this setup.
Devloping Harmonic Bullish CrabThis pattern is developing, once complete price will begin to rally up
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USDCAD Bullish Harmonic Crab PatternThis pattern is complete and confirmed with divergence.
RSI also starting to show higher highs
Entry: 1.313
Target: 1.139
Stop: 1.310
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IOTA BTC IOTABTC CRAB DRAWINGIt Seam like Harmonic Crab coming if it does not go up side of the line
Trade Ideas Position: EURUSD CrabA countertrend setup for this crab pattern has taken off. I will be waiting for a second chance entry to engage the trade.
EURUSD-Weekly Market Analysis-Oct19,Wk1Bullish Crab setup for a buying opportunity on a bullish crab setup. Waiting for a bullish retest within the buy zone(blue)
QTUM Bullish Crab PatternQTUM is forming Bullish Crab Pattern, which already hit first target. If you wanna trade this Pattern again, try to catch retrace of first impulsive wave like you can see in chart. Targets, StopLoss, buy zone is written in chart. This Cryb pattern is precise and price action in PRZ was excellent :)
Trade Ideas Position: EURUSD CrabA bullish crab pattern as a CounterTrend Trade for a buying opportunity. The crab pattern completion rested at very nice support for a buying opportunity, due to the bearish move, I will not be placing a buy limit but will wait for further signs of confirmation to engage the trade.
