USDJPY-Weekly Market Analysis-Sep22,Wk5Monetising on the idea that USDJPY has a completed Bearish Crab Pattern on the Daily Chart, I'm waiting for this odd-looking Bearish Shark Pattern to complete at 145.27.
Normally, I wouldn't have factored in the fact of BOJ intervention that makes the chart an odd-looking one, but because the level of the PRZ within the shark pattern converges, I'm going to observe how the market reacts at 145.27 before engaging the trade.
Crabpatterns
Perfect automated detection of Crab pattern - ShortA Bearish-type Crab pattern occurred near the resistance zone of 1.696-1.718.
(In this resistance zone , there was a rebound in Jul 2022, Aug 2021,...)
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.652-1.663.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Perfect automated detection of Crab PRZ - ShortA Bearish-type Crab pattern with a clean waveform may occur when exceeding 1.1307.
There is also a resistance zone at 1.129-1.136.
(In this resistance zone, there was a rebound in Oct 2017, Mar 2016,...)
Short after pattern generation and seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Crab Harmonic and Head and ShouldersA bearish Crab Harmonic and a Head and Shoulders. These are actuallythe most reliable chart patterns playing out. Some swing traders seriously considering a double top from Alt-Time-High but before this we have an imponent H&S that became valid from the fulfillment of your pullback to the neckline and really more reliable. So, I'm targeting a reliable level at 14.6% of the Fibonacci retracement. As we can see on this daily chart I'm adding a confluent projection from the prior bearish CRAB Harmonic. This extension of Fibonacci ratio is in fact 1.278 wich is the square root of 1.618 from a AB=CD pattern.
USDJPY-Weekly Market Analysis-Sep22,Wk3USDJPY's daily chart has a potential bearish crab setup and the 1hourly chart has a potential bullish crab setup.
On the current timeframe, USDJPY has respected the HOP level and reversed, what interest me more is the buying opportunity it presented.
When market opens on Monday, I will wait for a retest of support for a buying opportunity.
📉✌USDCAD Short position ✌📈FX:USDCAD
You can enter a short position between Now and the Yellow area.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP 1&2&3 are on the chart.
The optimum stop-loss is above the determined line.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
Perfect automated detection of Crab pattern - ShortA Bearish-type Crab pattern occurred within the resistance zone of 137.0-137.6.
(In this resistance zone, there was a rebound in 28 Jul, 19 Jul,..)
Also on the daily chart, Bearish-type Gartley pattern is occurring.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 135.2-135.80.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Harmonic PatternsHarmonic Patterns
we have so many kinds of “Harmonic Pattern”:
Black Swan
Bat
Crab
Butterfly
Gartly
White Swan
Shark
Zero_Five
Cypher
Double Top
Double Bottom
📚👌🏻 Each one of them has its unique Fibonacci levels.
⚡️ Do you want to know them?
😍 Happy to see what you find in the charts, please share yours with us
Common features of all bullish harmonic patterns.www.tradingview.com
By combing all bullish harmonic patterns together, we can observe the following:
1. The Bat, Cypher , Gartley and Shark pattern point D is (0.786 - 0.886) XA without breaking the low.
2. The Butterfly, Nenstar , Crab and Deep Crab point D is (1.272 - 1.618) XA after breaking the low.
3. Point C band is common for all patterns (0.382 - 0.886) AB
4. Pint B band is common for three patterns ( 0.382 -0.618) : Bat (upto 0.5) , Gartley and Crab, with the Gartley pattern point B fixed at 0.618 XA
5. Patterns breaking out of Point A high have a band ( 1.13 - 1.61 )AB
EURUSD-Weekly Market Analysis-Jun22,Wk2A Potential Bearish Shark Pattern may form up at 1.0823. What I will be focusing on will be the candlestick pattern formation at PRZ. If the candle touches 1.0823 but didn't break and closes above 1.0805, I will expect a stronger bearish move, and that is because it completes at the Bearish Crab Pattern HOP level.
Crab Complete 🦀USOIL - Crab complete in strong HTF supply zone, break in momentum, have a confirmed entry on the LTF, SL is above the current daily high, i'm looking to trade the retracement after the BOS yesterday.
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.