Alrighty a Crabby Patty Pattern Thanks ELonWe got a crab pattern on the 15min. Someone else posted but it was wrong dimensions this is correct dimensions for a crab pattern according Scott Carney Harmonic trader from harmonictrader.com
We expect to see a nice reversal in the PRZ. Stops exceeding the 2.0 but I don't think it will get that far. Anyways profits targets are the 38.2 and 61.8 possible the 1.13 of ad if it goes higher to even 50k Lehh goo! Screw bears.
Crab
Cypher Pattern Breakdown in StocksStocks have faced a tremendous retracement. The S&P has blasted through levels in the 3800 handle. It tested the low 3700's before finally finding support. There is a bearish cypher crab pattern on the daily chart. This is an extremely bearish sign, and such a large selloff could be the initial breakdown from this pattern. The Kovach OBV is registring the sell off. Currently, the S&P is ranging between 3712 and 3750. It is reasonable that it should try to find footing after such a tremendous selloff. The boundaries of this range will provide support/resistance, so pay attention to what happens at open. The next levels of support are in the 3600's at 3695, then 3676 then 3658.
WavesUsdt Bearish Crab FormationWavesUsdt Bearish Crab Formation. I'm waiting for a rise to $ 9 and $ 10.
EURUSD Buy limit opportunityWe have two harmonic patterns, the first model is Gartley, which indicates the price will go down in the near term. The second model crab indicates that the price will rise in the medium term.
Therefore, we will choose the medium term which is a better opportunity than the Gartley model
Entry is when the price approaches 1.22, which means closing a candle above the resistance , and the target is point D 1.34, after which the price will go down after completing the crab patterns.
In the event that the price continues to go down the trend, the idea will be canceled
GBPJPY Another Holdo Harmonic PatternPrecise Entry with limit order
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Feel free to post your ideas and questions at the comments section.
Good luck
Credit: Ahcan38
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
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Best Regards.
Interesting Look on Intel's price action over the last 10 MonthsIntel has been respecting alot of chart patterns over the last year and is now breaking out of a Diamond Bottom I think we will test higher highs up to near the $60 - $70 area from here.
I also found some bearish price action on AMD so it would be fitting to see them inversing, you can find my AMD analysis under related.