AUDJPY....DAn amendment to the previous analysis, and the analysis was based on the formation of a butterfly model, but it formed a butterfly and then proceeded to change the model to a crab model and has now completed it
Crab
BTC Deep Crab Target $41,877BTC is in process of developing bearish deep 🦀 harmonic, Completion of this will be at $41,877. We have bullish divergence of RSI and VWMACD on daily chart which if plays out then chances of hitting $41k are quite high. Now fundamentally, We have FOMC meeting tomorrow regarding interest rate hikes so we may see volatility today/tomorrow.
possible outcomewaiting for confirmation: looking for reversal candlestick pattern on 1 hr timeframe.
GBPAUD - Double Bottom PullbackWe have a double bottom pullback trade on the GBPAUD. What's so special about this trading setup? Well, on the higher timeframe, the Daily Chart, there is a Bullish Crab Pattern check back.
Although the formation is complete beyond the PRZ, it sits nicely at the level and acts as a new support level.
If you are familiar of the Crab Pattern, you should know that it is quite normal.
On the current timeframe, the 1-hourly chart, the market has a Double Bottom followed by a pullback. No doubt this gives the best Reward: Risk, it is also a high-risk trade as the probability of it hitting the stop-loss is high.
Before you ignore this trading setup, what if I tell you that the potential profit is 386pips, in fact, that might not even be the level that I would take any profit off, and just that it creates more than 5:1 of returns.
Now, would you be interested?
CHFJPY W1 CRAB PATTERN AND RSI DIVERGENCEHello traders. I see CRAB pattern and RSI divergence on CHFJPY W1 chart. Good luck everybody.
AUDUSD - Bearish CrabI had profited 212pips on the AUDUSD Bullish Deep Gartley Pattern(check out the link at the bottom). It's only 212pips because I got in late.
Now I had shorted the Bearish Crab Pattern at HOP level. One of the perks of this is the Reward:Risk Ratio.
What I didn't like the candlestick consolidation looking left.
Bearish Deep CrabWe have reached a strong weekly area of resistance, which also happens to be an extended bearish deep crab
crab play for BTCSeeing how the market is moving up at the glimpse of hope from Russia's invasion to retreating for a peace talk, we might be entering a shorter(than medium) play of a bearish crab pattern that will lead to a short term high following on a medium term drop.
the world is still in putin's hand on energy with EU, with German chickens voicing out against EU members from the slavic nations visiting ukraine to show of support, and the fading US-dominated status on oil clearing currency, i don't think BTC making any high above 40k is stable enough to move further up.
it's not a market for investment when there's no peace or freedom, Slava Ukraine
USDCHF SHORT POSITION WITH BEARISH CRAB PATTERN ON 4H CHARTThe sharp rise of major currencies has always been a reaction against the Swiss franc!
ENTRY: 0.93980
SL 0.94393
Risk/Reward Ratio: 5.72
WHAT DO TOU THINK ABOUT THIS?
GBPUSD ANALYSISAscending crab pattern is been made and you see how precise Fibonacci number 1.272 for the two bottoms is. The 3 horizontal lines are 1st 2nd and 3rd targets. good luck
SOUL/USDT Bottoming?Soul in a 11% channel One Order
of Magnitude higher than
Initial organic growth channel.
Volume also back to Beginning.
Running out of room...
Good tokenomics and potential for future upside.
Need the volume to show up to break negative momentum.
Else could drop into lower channel
I am just trading the channel waiting for break (up/down??)
What do you think?
BTC is making bullish DEEP CRAB!!!BTC is in the process of developing bullish deep crab harmonic on hourly. This is somehow in confluence to bullish butterfly harmonic from yesterday which completes at $35,707. So we can possibly see some bearish price action before a leg up. We have weekly closure in 12hours from now so further development in price action will be shared upon closing of candle.
XAUUSD D1 GARTLEY OR BAT PATTERN AND DEEP CRAB PATTERNHello traders. I see GARTLEY or BAT pattern and DEEP CRAB pattern on XAUUSD D1 chart. Good luck everybody.
Bitcoin 3.902 Crab Unusual anomaly
3.168 / 3.902 from a .618 b point
Target / Support
0.707 retrace // phi^21 // 23.6 natural number / 1.13 of structure
USDJPY H4 WOLFE WAVE AND BUTTERFLY OR DEEP CRAB PATTERNHello traders. I see WOLFE WAVE and BUTTERFLY or DEEP CRAB pattern on USDJPY H4 chart. Good luck everybody.
Bullish Dragon with a 1.618 Max Target on SmallCap 600 Value ETFThe Small Cap Value Seems to be in a much better position than the rest of the market and in the case that the market Bullishly Reverses we may see the Small Caps severely Outperform the Indexes. This could lead to the Small Caps making a Minimum 88.6% Fibonacci Retrace from High to Low and a Maximum of a 1.618 Fibonacci Extension before we have the potential for further downside.
Possible SHORT on GBPJPY; creation of Bullish Deep Crab Pattern Hello everybody!
So, after shorting on daily timeframe, and saving my ass on 4H chart :D I'm again for - shorting. Or buying JPY, whatever sounds better for you!
Thing is, at least how I see it, GBPJPY will soon touch Fibonacci 1.618 (around 144.38). When? Well, it's a billion dollar question. However, I'm convinced that it will happen in the next 5-10 days.
At that point, a Bullish Deep Crab pattern will be formed, and I'm already putting on alarm and pending orders for Buy Limit.
After it reached D-point, next targets are:
T1: X-point aka Fibonacci 1, around 149.50
T2: B-point aka Fibonacci 0.618, around 152.71
T3: this is hardly likely but you never know :D - zone between A-C-points aka Fibonacci 0 between 157-157.80
Let's ride together on these waves!
SIMP in two perspectiveSIMP in the weekly timeframe looks like there are two patterns there. The first pattern is like a symmetrical triangle where the price has broken out of the triangle and will continue its rise. The second pattern is the bearish crab. The bearish crab is a harmonic pattern where the last rising phase can cross the previous 'previous high'. You can 'search' for other harmonic patterns, and currently there is a minor weakness which means there is a good opportunity to consider it.
#Disclaimer: Not a suggest to buy or sell
BULLISH DEEP CRAB The Deep Crab Pattern™, is a Harmonic pattern™ discovered by Scott Carney in 2001.
The critical aspect of this pattern is the tight Potential Reversal Zone created by the 1.618 of the XA leg and an extreme (2.24, 2.618, 3.14, 3.618) projection of the BC leg but employs an 0.886 retracement at the B point unlike the regular version that utilizes a 0.382-0.618 at the mid-point. The pattern requires a very small stop loss and usually volatile price action in the Potential Reversal Zone.
