Get started

Crab

🦀 & Momentum Break ✅GBP/NZD - Potential Weekly Deep crab. Price broke the monthly high but closed back below breaking the bullish momentum and potentially causing the LTF trends to reverse. The monthly TF is still bearish so I'm trading away from the Monthly high looking for price to create a new channel with a monthly continuation in the direction of the Crab. 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.
Short
by benalistarfx
First 🦀 Complete, Now For the Second! US30 - First Daily crab complete with nice rejection (HTF PA very similar to OIL) now I'm expecting price to drop and finish the next. The D point lands in a very nice PRZ. I've take US30 Short now based on LTF PA, I believe price will drop further before a pullback, then drop to the D point! 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.
UShort
by benalistarfx
Second 🦀 Almost Complete! USOIL - First Daily crab complete with nice rejection now I'm expecting price to drop and finish the next, the D point lands in a very nice PRZ. I'm currently taking a LTF scalp long based on PA to cover potential imbalances before the price breaks the low and completes the crab. 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.
TVC:USOILShort
by benalistarfx
ETH/USD 1D Deep Crab PatternIdea ETH/USD is en route to complete a beautiful harmonic reversal pattern known as the “deep crab” on the 1D chart. This is a very “clean” pattern and has been forming for about 6 months now. In addition, there is an even older 0.618/1.618 AB=CD pattern that begins from the lows of this current bull market and is projected to end right where the D point of the “deep crab” pattern ends. Therefore we can surely expect a notable reaction in ETH/USD around these levels. Price Structure X: 12 May '21 @ 4380 A: 20 Jul '21 @ 1687 B: 03 Sep '21 @ 4072 C: 21 Sep '21 @ 2598 ??? D: 26 Dec '21 @ 5901 Potential Reversal Zone 1.27 AB=CD: @ 5628 D: @ 5901 XAD: @ 6044 Conclusion Use the red trendline coming from 20 Jul '21 and 21 Sep '21 on the bottom of the pattern (this also coincides with the blue line=21 week exponential moving average) and the red trendline coming from 12 May '21 and 03 Sep '21 as support for the time being if you are long. Although the anticipation for the “deep crab” pattern to complete is on 26 Dec '21, the maximum time of allowance on this would be 16 Mar '22 which is the 1.618 of the time it took for X, A, B to form or 114 days*1.618=194 days. Once the pattern completes it will most likely mark a time for ETH/USD to correct before it continues a final euphoric wave to wherever “YouTube analysts” say it is probably going. Usually the first level to test on the downside will be the 38.2% retracement of points A to D which would be 4291 but I doubt we will get there for more fundamental reasons. A more reasonable retracement would be the most recent high of 4850. Good luck!
BITSTAMP:ETHUSDLong
by UnknownUnicorn13678091