Crab
Week 8 assignment (EXHIBIT A) for AUDJPY by PROSHERIFFLong on AUDJPY
1. Bullish Crab pattern has formed as Point D is lower than point X.
2. Line of support has already been tested before at point E.
3. Trade can be taken once the current candle closes with bullish signals, which will mean the bulls are in charge now.
4. TP1 (0.786 Level) = 92.764
5. TP2 (0.618 Level) = 93.403
6. SL (Below the support line)= 91.295
they never expect the crabthis is an example of a crab market, reference : BTC 2015
I'm sharing this because today, in 2022, people only expect extreme dump or extreme pump
instead of trading level to level, they put themselves in situation of disadvantage due to their high expectations
high ego and high expectations will always be the main reasons of big losses
just keep in mind that a crab market is also possible. It doesn't always have to go crazy high or crazy low
giving you more perspective with this funny chart
💎 CHZUSDT : 487.39% Profit Potential in Next 9 Months💣💣💣💣last 2-3 weeks we seen huge buying in CHZ coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
Deep Crab@1.618XADear mates,
Hello again, here bringing to you a brand new edge on Gold, the Deep Harmonic Bearish Crab@1.618XA.
I do believe the price it will start the reversal trend next week in but first I do believe it's going to test this area of strong resistance which is crossing the PRZ of the Deep Crab, and then start the downtrend.
The RSI indicator it's already showing a Oversold movement, so this a proove that it will probably going down soon!
Setup Rules:
1. Harmonic Patterns Completion ( Deep Bearish Crab@1.618XA) - 65% Complete ;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign -Waiting;
6. RSI Reversal Sign - Waiting;
7. RSI Confirmation Sign -Waiting;
8. Type-1 Reaction - Waiting;
9. Type-2 Reversal - Waiting;
10. Risk Management - Applied;
11. Risk / Reward - 1/3.
Continuation or sell off? US30 - Higher timeframe outlook:
Price coming into weekly downtrend supply along with filling a nice imbalance, good potential zone for a reversal, however price could continue bullish all the way towards the D point of the crab filling these imbalances before closing back below the weekly structure, (As daily and 4H are both bullish).
If we fail to break the 1H/4H lows i'm going to look for buys towards that D point as Crypto/stocks have been super bullish this week too, and the rally could continue, however if we start failing highs/breaking structure i'll look for sells, will keep an eye on structure and market sentiment!
This crab is quite probable though, one of my favorite harmonics to trade for reliability especially the C/D leg for direction, but if this pattern completes without any major pullbacks it will be a more or less guaranteed big swing back down, so 100% get alarms on that D point zone! (Probably for next week if it completes so no rush there!)
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Mahindra & Mahindra Finance - ALT Shark with Wolfe Wave M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe. Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272.
Forecast of gartley if broken B
SushiSwap (SUSHI) formed bullish Crab for upto 17.5% pumpHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap ( SUSHI ).
Previously I shared a long-term trade-setup for Sushi , which is still in play:
Now on a 4-hr time frame, SUCHI has formed big bullish Crab pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FTM CRAB PATTERN
possible crab pattern. pratice charting only. Not a financial advise
This is only to monitor progress in my trading journey.
Anyone is free to make comment or suggest for me to improve my trading skills.
USDJPY-Weekly Market Analysis-Jul22,Wk4USDJPY is on a strong Bullish Trend. However, counter-trend traders can wait for a retest at 139.11 to engage a shorting opportunity based on the Bearish Crab Pattern retest at the HOP level.
A retest at the HOP level also means I'll be getting a RSI Divergence.
EURUSD-Weekly Market Analysis-Jul22,Wk4The Bullish Deep Crab Pattern on the Daily Chart might not form up, and even if it did, it might not be ideal. However, if you have long based on the counter-trend trade on the Bearish Parallel Channel, congratulation is in place.(check out last week's chart at the bottom of the tradingview link).
Alternatively, you can wait for the Bearish Shark Pattern on the 4-hourly timeframe to complete, hitting the first target and waiting for a buying opportunity on a 5-0 pattern setup.
In trading, being patient is important.
Common features of all bullish harmonic patterns.www.tradingview.com
By combing all bullish harmonic patterns together, we can observe the following:
1. The Bat, Cypher , Gartley and Shark pattern point D is (0.786 - 0.886) XA without breaking the low.
2. The Butterfly, Nenstar , Crab and Deep Crab point D is (1.272 - 1.618) XA after breaking the low.
3. Point C band is common for all patterns (0.382 - 0.886) AB
4. Pint B band is common for three patterns ( 0.382 -0.618) : Bat (upto 0.5) , Gartley and Crab, with the Gartley pattern point B fixed at 0.618 XA
5. Patterns breaking out of Point A high have a band ( 1.13 - 1.61 )AB
FTTUSD : Bullish Crab DetectedHi, this is my first time where I am going to publish in public I hope you like it.
FTTUSD : 4H - 1H
I noticed a bullish Crab in 4H time frame so opened a long position with below mention SL, Entry and Take Profit(2)
I have marked Take profit levels based on Fib levels.
Trade Idea
-------------------
Entry : 23.64
-------------------
TP1: 25.149
TP2: 26:570
TP3: 27.602
TP2: 32.597
Stop Loss: 22.48 (If BTC does not go mad suddenly then take it as 4h close below 22.48 for confirmation)
Note: Once Take Profit 1 gets flip as support then I will move SL at entry
EURUSD-Weekly Market Analysis-Jul22,Wk1Trend traders could wait for the market to retest on the upper trendline of the bearish channel for a shorting opportunity.
Counter-trend traders could wait for candlestick pattern confirmation to long EURUSD based on the Bullish Deep Crab Pattern that completes at 0.9928. However, long at 0.9928 means that Euro went off parity with the Dollar and that might invalid the Deep Crab Pattern should the market break and close below 0.9928.