Crab
FORTH/USD Deep Crab Completed Along With 5th Wave Correction.Hello everyone. I was looking at FORTH/USD and seems to me that we have put a temporary bottom or even a final bottom. As you could see, there are 2 factors that give me confidence we are ready to move up. 1. The completion of a wave 5 sequence and 2 the completion of a bullish deep crab harmonic pattern. I except an explosive coming soon. My targets are 1) $17, 2) over $25 +. I just wanted to share this with whoever could see it. I'm not a financial advisor, I'm only sharing what I'm doing. Good luck everyone!
VIBHA | Bullish Harmonic Pattern | Entry Setup TF4HPrice Action & Chart Pattern Trading in ti
> Bullish Harmonic Butterfly and Deep Crab with reversal flag pattern
> Entry Zone @ Support flag
> Indicators| smart money entry | Banker Chip volume support | BBD banker signal turned green | positive FUND FLOW | KDJ divergence turning uptrend ribbon
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PLTRMID-TERM: Close to a bullish crab, bounce off demand line of wedge, potential triple classic bullish divergence. (not financial advice)
Potential Crab Forming 🦀USDCHF - Trading with the weekly bullish bias and away from the strong weekly support, weekly low and .886 pullback, we have good confluence here for a swing trade long, we do have LTF confirmation too (Liquidity level, BOS and reversal pattern)
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.
TNX - Deep CrabThese harmonic patterns have been a real hit or miss for me. However I couldn't help, but notice that the fibs alligned so nicely.
The "potential reversal zone" is the 1.618 XA project @ 2.519.
The BC projections of 2.24 and 2.618 (both in grey) were used to define the range of that zone.
The AB=CD projection was also include of the 1.272 and 1.618.
1.272 is an alternate target
1.618 because I like the symmetry with the 2.618 BC projection at 2.254.
Despite labeled with a "potential reversal zone", keep in mind the momentum on this sucker. The 30,40, and 50 week MA look like they are ready to flip bullish in the coming weeks if this thing gains some ground.
Not financial advice by any means. I just thought it'd be fun to share. Best of luck!
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