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Crab

Understanding the US10Y Crab Pattern in 2024 The US10Y refers to the 10-year Treasury bond yield, which is a key indicator of the overall health of the economy and is closely watched by investors. "Analyzing the US10Y trend, a bearish butterfly pattern has emerged at the 1.276 and 1.618 level, indicating a potential bullish trend in 2023. This pattern suggested a reversal in the current market direction, and The US10Y bond market has been exhibiting an intriguing pattern known as the "CRAB PATTERN," with implications for the year 2024. This pattern suggests that the market may experience a period of consolidation before potentially reversing its direction. Additionally, the presence of a parallel channel further supports the notion of a bearish trend, as this technical indicator typically indicates a downward trajectory in the market. Traders and analysts should closely monitor these developments and consider potential strategies to navigate the market amidst this anticipated trend. It is crucial to conduct thorough analysis and consider various factors before making any significant trading decisions in response to the observed pattern and trend.
TVC:US10Y
by SEYED98
3
SWING PICK - GO LONGENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred target ) 2. SL - candle close below (PRZ) - if u didn't get confirmation inside the zone , ignore this pick - if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK - RE-ENTRY can be done , if u again get buying confirmation inside the zone
NSE:RELIANCELong
by rajeevmmails
SWING PICK - Go LONGENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level ( intraday tgt) - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred target ) 2. SL - candle close below (PRZ) - if u didn't get confirmation inside the zone , ignore this pick - if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK - RE-ENTRY can be done , if u again get buying confirmation inside the zone
NSE:SBILIFELong
by rajeevmmails
Trading Reflection: Embracing Low-Risk, Low-Stress TradingWould you risk $266.38 for a potential return of $757.23? That's the kind of trade setup I'm focusing on these days. My Trading Philosophy Over my 19 years of trading experience, I've encountered many "trading gurus" who claim that achieving a profit factor of 2 is impossible—that it's merely a textbook scenario and unrealistic. I chose to keep my thoughts to myself, but their perspective revealed a lot about their trading approach: 1. Constant Break-Evens and Overtrading: Chasing big wins often leads to overtrading and settling for break-even results, reminiscing about those rare "good feelings" when trades went their way. 2. High-Stress Environment: They operate under constant stress, obsessing over being "right," frequently intervening in trades, and deviating from their trade plans—all justified by their years in the industry. Finding What Works for You There are countless ways to trade, and results will vary depending on your strategy. Personally, I prefer a method that allows me to: - Spend Just 15 Minutes a Day: I review my trading pairs, set alerts, and let the market notify me when it's time to act. - Use Candlestick Confirmations: I decide whether to engage in a trade based on candlestick patterns at my predetermined entry points. This approach ensures my profit factor for the final target is always at least 2—often even higher. Mathematically, I can be profitable with only a 40% accuracy rate. This allows me to seek trades with high returns and live my life freely for the rest of the day. Current Trade Idea: Bearish Crab Pattern I'm eyeing a Bearish Crab Pattern on the 15-minute chart. It might not be picture-perfect, but it offers a profit factor of 2, and I have RSI divergence supporting my idea. Trade Management - Once the market touches 164.02 or breaks and closes below 164.21 , I'll shift my stop to the entry price to attain a risk-free trade. - Remember to include our stop-loss buffer when setting your stops. Final Thoughts Trading doesn't have to be high-risk or high-stress. It's about choosing a strategy that aligns with your goals and lifestyle. Whether you prefer a fast-paced environment or a more relaxed approach, the choice is yours. What's your trading style? Do you prioritise low-risk, low-stress strategies, or do you thrive in the thrill of the fast-paced markets? Share your thoughts and experiences below! Stay patient, trade wisely, and happy trading! 🚀
Short
by RaynLim
Market Scenario and Potential Buying OpportunitiesAnalysis of Key Support Levels and Candlestick Pattern Confirmation The financial markets are often characterised by their volatility and the constant ebb and flow of prices. In this intricate dance, key support levels play a pivotal role in determining the direction of market movements. This aims to provide an in-depth analysis of the current market scenario, focusing on two significant support levels, $2,378.36 and $2,327.67, and the potential buying opportunities that arise should the market break and close below these levels. Additionally, the importance of candlestick pattern confirmation at the $2,035.97 level for a Bullish Deep Crab Pattern setup will be emphasised. Understanding Support Levels Support levels are price points on a chart where a security tends to find buying interest as it falls. These levels often act as a floor by preventing the price from being pushed downward. Identifying such levels is crucial for traders, as they help in making informed decisions about entry and exit points in the market. In the current market scenario, the two significant support levels to watch are $2,378.36 and $2,327.67. These levels have historically shown strong buying interest and have acted as a base for price rebounds. However, should the market break and close below these critical levels, it signals a potential shift in market sentiment. Significance of the $2,378.36 Support Level The $2,378.36 level has been a key area of support in the recent trading history. A break below this level would suggest a weakening of the bullish sentiment, prompting traders to reassess their positions. It is essential to observe the market behaviour around this level closely. Importance of the $2,327.67 Support Level The $2,327.67 support level is another crucial price point. Historically, this level has provided a strong base for price recoveries. A break below this level would likely indicate a further decline in market confidence, leading to increased selling pressure. Waiting for Candlestick Pattern Confirmation In the event that the market breaks and closes below the two significant support levels, attention should then be directed to the $2,035.97 level. At this juncture, it is crucial to wait for a candlestick pattern confirmation. Candlestick patterns are graphical representations of price movements for a given period. They are widely used by traders to predict future price movements based on past patterns. In this scenario, a candlestick pattern confirmation is required to validate a potential buying opportunity. Potential Buying Opportunities at $2,035.97 The $2,035.97 level is significant for the Bullish Deep Crab Pattern setup. This advanced harmonic pattern is known for its precision in predicting price reversals. The Bullish Deep Crab Pattern consists of four distinct price movements that create a specific geometric pattern, indicating a potential reversal point. For a reliable trade entry, it is essential to wait for a candlestick pattern to confirm the validity of this setup. This confirmation ensures that the market is indeed reversing and increases the probability of a successful trade. The Bullish Deep Crab Pattern The Bullish Deep Crab Pattern is a harmonic pattern identified by its precise Fibonacci ratios. The structure of the pattern includes: Confirmation Candlestick Patterns Several candlestick patterns can serve as confirmation for the Bullish Deep Crab Pattern. These patterns provide visual cues to traders, signalling a potential shift in market sentiment. Waiting for these confirmations ensures that traders enter the market with a higher degree of confidence. Conclusion In summary, the market's behaviour around the significant support levels of $2,378.36 and $2,327.67 is crucial for determining future price movements. Should the market break and close below these levels, the $2,035.97 level becomes the focal point for potential buying opportunities. However, waiting for a candlestick pattern confirmation is essential to validate the Bullish Deep Crab Pattern setup. By adhering to these technical analysis principles, traders can make informed decisions, minimizing risk and maximizing potential returns. The importance of patience and confirmation cannot be overstated in achieving successful trading outcomes in a volatile market environment.
EIGHTCAP:ETHUSDLong
by RaynLim
1
NQ1 1W Bear Deep Crab Harmonic with target levelsOn the weekly Nasdaq 1W chart a bear deep crab harmonic pattern active. If this plays out, very volatile price action will occur ove the coming months. Deep crap price targets are measured as fib extension from the BC leg of the XABCD pattern. Note the large bull Gartley that has driven price to current levels has alraedy reached target 3 at 1.272 fib extension of AD leg of the Gartley. On daily chart, there are two bear ABCD Ext patterns which should drive price to point C of the bear Deep Crab, before a sharp temporary retracement to recent high, before plunging below point C to the extension price target levels below. This chart is not for intraday trading, but should be useful for swing trading at these key levels.
CME_MINI:NQ1!Short
by wormmaster2021
Trend of British Pound Currency Indexthe detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. bear market turning into bull Market with GBP Crab. Bullish crab pattern It begins at point X and extends to point A. Point X may be anywhere on the price chart, but looking for a bull pattern under oversold circumstances is a smart practice. Wave AB must retrace downward to the XA wave's Fibonacci levels of 0.382 - 0.618. Wave BC must retrace the AB wave's 0.382 - 0.886 Fibonacci levels. The final wave CD is the longest and must reach the BC wave's 2.24 - 3.61 Fibonacci levels.
TVC:BXY
by SEYED98
NEO Analysis - What Shall we Expect !!!BINANCE:NEOUSDT As you can see, the price is in a Megaphone. If the price can break this megaphone, we can hope that the price will act like a Crab pattern and the price will grow well. ❤️Stay awesome my friends. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
BUY at zone - swing / intradayENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level ( intraday tgt) - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred target ) 2. SL - candle close below (PRZ) - if u didn't get confirmation inside the zone , ignore this pick - if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK - RE-ENTRY can be done , if u again get buying confirmation inside the zone
NSE:TATAMOTORSLong
by rajeevmmails
Bitcoin Analysis==>>Bearish Harmonic Patterns==>>Crab & SharkBitcoin moved as I expected in yesterday's post . Bitcoin is currently moving in the Resistance zone($60,080-$59,400) , near the Resistance lines and the 50_SMA(Daily) . It also seems that Bitcoin can potentially form the Bearish Crab Harmonic Pattern and Bearish Shark Harmonic Pattern . After breaking the small Support zone , I expect Bitcoin to attack the Support zone($58,000-$56,600) again. Note: We can expect more pumps if Bitcoin breaks the Resistance line (over $61,000). Bitcoin Analyze (BTCUSDT), 15-minute frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
21
Harmonic Crab Variation + Bullish RSI Divergence - GUHere I have GBP/USD on the 30 Min Chart! Price has found Support from the July Highs! Upon reaching the Low @ 1.30493 I notice a couple things: -Price is moving Lower, RSI is moving Higher = Bullish RSI Divergence -Price has created what looks to be a variation of the Harmonic Crab Pattern (not exact values) Harmonic Crab XACBD Values: X-B ( .382 - .618 ) A-C ( .382 - .886 ) B-D ( 2.618 - 3.618 ) X-D 1.618 We continue to see price move higher and I believe we will see Higher Highs up to the 1.3130 - 1.3140 Area! Fundamentals: GBP has been positive in the analyst eyes this week with the Claimont Count Change with impressive numbers and Unemployment down from 4.2% to 4.1%! -GBP will have GDP releasing Wednesday Sept. 11th with forecasts to be Positive! USD not only has Rate Cuts starting next week but this week is heavily loaded with CPI & Core CPI Wednesday along with PPI, Core PPI & Unemployement Claims Thursday Sept. 12th!
Long
by Novi_Fibonacci
2
AUDUSD M15, Intraday TradeI just shorted AUDCAD, Bearish 5-0 Pattern on the 1-hourly chart, and now AUDUSD on this Bearish Gartley Pattern. It seems like the Australian dollar may have a bearish movement for the next couple of hours. If you have been following, you should know I don't usually trade on the M15 chart, but this one has an upsize trade component. What is an upsize trade? An upsize trade is a trading setup that allows me to stretch my final target to the next pattern completion. It's a Trade Management skill that I've used for years. Before using it, You must be very familiar with the product and strategy.
Short
by RaynLim
Bitcoin Analysis==>Bearish Deep Crab Harmonic PatternAs I expected yesterday , Bitcoin went towards filling the CME Gap($61,855-$60,485) , although the structure of the trend was slightly different . Bitcoin is currently moving near the Resistane zone($62,920-$61,460) , Resistance line , Daily Resistance(2) and 50_SMA(Daily) . Also, the 🦀 Bearish Deep Crab Harmonic Pattern 🦀 can be formed near the Resistance line and the Resistance zone . According to Elliott's wave theory , Bitcoin is completing corrective waves after completing five bearish waves . I expect Bitcoin to drop to at least $59,400 after breaking the Support line , and if this level breaks, we should expect an attack on the Support zone($63,630-$63,200) . Note: If Bitcoin can break the Resistance zone($62,920-$61,460) again, we should wait for Bitcoin to attack $65,000-$66,000. Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
45