NEO Analysis - What Shall we Expect !!!BINANCE:NEOUSDT
As you can see, the price is in a Megaphone. If the price can break this megaphone, we can hope that the price will act like a Crab pattern and the price will grow well.
❤️Stay awesome my friends.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Crabpatterns
Be careful with AMD !!!Be careful with AMD !!!
we can hope that the price will act like a Crab pattern and the price will grow well.
I expect that the price will grow very quickly...
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOLD - Time to buy again!As you can see in the chart, after breaking the wedge, the price fell to the support zone, and from now on, the price can follow the crab pattern and go up.
❤️Stay awesome my friends.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Mastering Bullish & Bearish Crab Patterns - Entry, SL & TPs LevlHarmonic patterns are integral to technical analysis in financial markets, and the Crab pattern is one of the most distinct among them. Both bullish and bearish Crab patterns provide precise trading opportunities by indicating potential reversal points in the market. This article delves into the structure, identification, and trading strategies for both bearish and bullish Crab patterns.
____________________Bullish Crab Pattern_________________________
Structure and Identification:
A Bullish Crab pattern is a reversal pattern that signals a potential bullish reversal at the end of a bearish trend. It consists of five points labeled X, A, B, C, and D, forming distinct Fibonacci retracement and extension levels:
XA: The initial move from X to A.
AB: Retracement from XA, typically 38.2% to 61.8% of XA.
BC: Retracement from AB, typically 38.2% to 88.6% of AB.
CD: Extension of XA, typically reaching 161.8% to 224% of XA, and is the longest leg.
Entry, Stop Loss, and Take Profit Levels:
Entry: Place a buy order at point D, where the CD leg completes the 161.8% to 224% Fibonacci extension of XA.
Stop Loss: Set just below point D to safeguard against potential false breakouts.
Take Profit: Use multiple levels:
TP1: 38.2% retracement of the CD leg.
TP2: 61.8% retracement of the CD leg.
TP3: Point C level.
_____________________Bearish Crab Pattern_________________________
Structure and Identification:
A Bearish Crab pattern signals a potential bearish reversal at the end of a bullish trend. It mirrors the Bullish Crab pattern with the same Fibonacci retracement and extension levels but in reverse:
XA: The initial move from X to A.
AB: Retracement from XA, typically 38.2% to 61.8% of XA.
BC: Retracement from AB, typically 38.2% to 88.6% of AB.
CD: Extension of XA, typically reaching 161.8% to 224% of XA, and is the longest leg.
Entry, Stop Loss, and Take Profit Levels:
Entry: Place a sell order at point D, where the CD leg completes the 161.8% to 224% Fibonacci extension of XA.
Stop Loss: Set just above point D to protect against potential false breakouts.
Take Profit: Use multiple levels:
TP1: 38.2% retracement of the CD leg.
TP2: 61.8% retracement of the CD leg.
TP3: Point C level.
Conclusion:
Crab harmonic patterns, whether bearish or bullish, provide traders with high-probability reversal signals by leveraging precise Fibonacci retracement and extension levels. Correctly identifying these patterns and setting appropriate entry, stop loss, and take profit levels are crucial for capitalizing on their potential. As with all trading strategies, it's essential to complement harmonic pattern analysis with other technical indicators and sound risk management practices to enhance the chances of success.
AAPL Bearish Crab Pattern Will Start at 197$the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.
We are still in an uptrend and probably we see a significant decline toward the Crab support line in the Next Weeks.
AAPL Resistance and Support Levels Is shown in this chart.
GOOD Luck
Bullish Outlook with Retest OpportunityIf you caught the short opportunity on the previous Fib3 Bat I mentioned months ago, congrats on the 836 pips (~8,360 USD/lot) gain! (Link to related analysis available in post)
My overall stance on USDJPY remains bullish. For those eyeing buying opportunities, keep an eye on the daily chart for a potential market retest at 142.47 (refer to the left chart).
What's your strategy or trade plan for USDJPY? Share your thoughts below!
GOLD ADVANCE HARMONICS TRADING Hello traders and welcome. Today we are taking a look at gold, presenting a great trading opportunity. The price has formed an advanced harmonic pattern, specifically a crab bullish pattern, on its hourly chart. The price is currently trading above the long entry level at 1994.72.
To manage risk, we place the stop below point 'D' at 1990.89.
Target 1:
38% AD: 2009.98
62% AD: 2021.36
BitCoin What's you see on Chart after the sharp bearish market and receive hard resistance we can have the
the Crab pattern i think that will be complete.
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Bitcoin is in the channel as well as the Crab pattern. Also Broken the Ascending Triangle which could very well push the price up, the price will easily reach 40k.
🟡Summery:
The price is in the ascending channel.
Broken the ascending triangle.
in the Crab Pattern.
Price in the PRZ zone.
EXRet 1.618= 3940$
previous Analysis:
🤑Stay awesome my friend.
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Convergence of PatternsTraders, I've spotted a compelling shorting opportunity on AUDCAD, presenting itself differently across various timeframes.
Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region.
My strategy involves waiting for the market to reach the 0.9000 region before considering engagement. At this level, I anticipate price action traders joining in, amplifying the trade potential.
What are your thoughts or trade plans for AUDCAD? Share your insights or potential strategies below!
Other see this as Coal, I see this as DiamondA retest of previous resistance on the daily chart combined with a strong bullish candle movement (an engulfing candle) is an intriguing setup. The observation of RSI Divergence at these levels serves as a significant indicator for a potential reversal.
Regarding the recent deviation from the PRZ zone of the crab pattern on AUDUSD, it seems it hasn't reached the HOP (Harmonic Optimal Price) level before reversing. This deviation could be a point of interest for observation on the H4 chart.
Your decision to take an aggressive shorting opportunity due to the attractive profit factor is noted. However, as you rightly mentioned, managing risk is crucial in such trades. Wishing you success in your trade management and strategy execution!
Selling NIKKEI on a Double TopStock have been bullish for the past 10 days and many folks are expect the bull rally to continue. We follow the charts and this is what it says:
1) NIKKEI is overbought on H4 and have created a double top with divergence.
2) There is a big pattern to sell which is being retested.
3) A smaller shark pattern has appeared
4) We will sell with the stop loss above 32800.
The target is a big drop which means stocks will need to go down at the end of this week or early next week.
Potential Bearish Setup on Weekly ChartAs anticipated, the Bullish Shark Pattern has initiated its move on the Weekly Chart—a prediction I shared as early as October 8, 2023. For visual confirmation, refer to the chart within this Trading View post.
Now, attention shifts towards the potential emergence of the bearish 5-0 pattern on the Weekly Chart.
On the Daily Chart, there's a convergence of Bearish Shark and Bearish Crab Patterns, both culminating at the same completion level, 0.9015. This sets the stage for a potential shorting opportunity upon market retest at these levels.
Alternatively, consider a shorting opportunity on the 1-hourly chart, targeting the retest of the resistance level at 0.8908.
The pivotal question arises: What's your trade plan? Your insights carry weight. Please share your perspective below!
Amazing Shorting OpportunitiesUpon careful examination of the chart, it's apparent that the majority of retail traders are poised for a buying opportunity, making any talk of shorting seem unconventional.
Yet, a different perspective emerges upon closer inspection.
Observations:
I've discerned indications that suggest a contrary approach may be prudent.
Trading Strategy:
I'm personally awaiting a shorting opportunity on the forthcoming completion of the Bearish Crab Pattern, projected at 1.3926. This stands in contrast to the previous crab pattern, offering a fresh tactical choice.
For those still inclined towards a buying stance, a retest of the trendline on the 1-hourly chart might present the awaited opportunity.
Now, the crux of the matter: What's your call? Your insights carry weight. Please share your perspective below!
Navigating Bullish Momentum Amidst Potential Caution SignsIf you caught my last week's analysis, along with the accompanying article on Trading View, you can dive deeper into the details by clicking the link.
In my previous analysis, I emphasized the significance of waiting for the Bearish Crab Pattern confirmation on the Daily Chart before considering a shorting opportunity.
Now, let's delve into why this is crucial:
It enables you to distinguish between astute analysis and a sales-driven approach often seen in the financial world.
If you happened to miss the initial shorting opportunity, there are three viable options to consider:
Option 1 : A retest on the Bearish Crab Pattern on the daily chart at 150.43, presenting another potential shorting opportunity.
Option 2 : A retest on the Bearish Shark Pattern on the 4-hourly chart at 150.45. These levels may appear close, but they entail different timeframes for trading confirmation.
Option 3 : You might opt to await a retest of the trendline on the 4-hourly chart before engaging in this counter-trend trade.
The critical question now arises: Which of these three options aligns best with your trading strategy, and why? I'm eager to hear your thoughts. Share your insights below!
🚧Cardano is bearish now🚧 & many Traders don't see it 👀!!!As you saw in the previous analysis, the price hit the target and now it is time for the price to correct and then grow. PRZ point is a good point to enter.
Previous Analysis
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🚧Bitcoin will Go Up Again🚧 Road Map(1-DAY)🗺️!!!The Bitcoin is in a Bullish phase by Ascending Triangle.
🌟 Bullish signals are:
- Pivot Yearly
- Ascending Triangle
- PRZ ZONE
- break the Ascending Triangle
- Crab pattern
❗ and the Upward signals of market momentum are:
- moving Ema 200 & 20,50
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
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Cashing in on Potential USDJPY Pullback Profits!
The USDJPY pair continues its strong bullish movement, even on the Weekly Chart, reaffirming the prevailing uptrend.
Counter-Trend Strategy:
As a counter-trend trader by nature, I'm on the lookout for shorting opportunities.
Trade Possibilities:
Weekly Chart: A potential Bearish Fib-3 Bat pattern could offer an entry point for a pullback trade. However, I'm mindful of not waiting for excessive confirmation and potentially missing out on a 300-pip profit potential.
Daily Chart: Keeping an eye on a potential Bearish Crab Pattern confirmation at 150.43.
Intra-Day Traders: Consider waiting for the completion
of a Bearish Shark Pattern at 149.96.
I'm curious about your trade plan. What are your thoughts? Feel free to comment below.
AUDNZD - Plotting the big fallThere are a number of reasons we are taking a short position on AUDNZD
1) The daily trend is still down.
2) H4 is completely overbought at RSI 78
3) Big divergence on H1 seen on the chart
4) Crab pattern present
5) Strong resistance between 1.08 - 1.0830
We expect 170 pip move to the bottom with a risk of 40 pips.