Deep Crab
USD/CHF Bullish Deep CrabGreetings fellow traders, today we are analyzing the USD/CHF 4hr chart, looking at a potential Bullish Deep Crab Pattern.
The pattern is in the process of completing the C to D leg, with a potential risk to reward of 1:3.
The measurements for a deep crab pattern are detailed below:
B: 0.886
C: 0.386 - 0.886
D: 2.240 - 3.618
X to D: 1.618
Will be looking to enter this trade with some more confirmations after the pattern is completed.
Please share your thoughts!
EUR/USD Bearish Deep CrabGreetings fellow traders, today we are analyzing the EUR/USD 4hr chart, looking at a potential Bearish Deep Crab Pattern.
The pattern is in the C to D leg, with an almost 1:3 risk to reward.
The measurements for a deep crab pattern are detailed below:
B: 0.886
C: 0.386 - 0.886
D: 2.24 - 3.618
X to D: 1.618
Please share your thoughts!
Active Bearish Deep Crab on CADJPYActive Bearish Deep Crab on CADJPY
Sell @87.15
TP1 @86.77
TP2 @86.35
USD/JPY - Bullish Deep CrabHello traders, it appears USD/JPY is now forming a bullish deep crab pattern on the 30m chart. This is an excellent opportunity with a potential 150+ pip return!
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.24 - 3.618
X to D: 1.618
I'll be expecting price to stall out once it reaches the D point, this forms on a key level of support!
Keep this setup on your watch list going into a new week.
Connect with me on social media for more trading inspiration :)
Active Bearish Deep Crab on AUDCHFActive Bearish Deep Crab on AUDCHF
Sell @0.7377
TP1 @0.7347
TP2 @0.7330
Added a bearish Bat to the Deep CrabBollinger Bands have got so stretched and ready to bounce back, RSI has to retest the complex pattern in over bought zone,will be ready for sell at RSI leaving the OB zone.
USDCAD a BULLISH DEEP CRABUSDCAD a BULLISH DEEP CRAB has cought the price in the net and waiting for (terminal bar and RSI overbought again) to let it fly high again.
USDCAD bearish deep crab/PRZ illustrationplease professional traders comment on BA fibo extension closest levels as PRZ, in fact I learned it from a video on youtube!!??
Active Bearish Deep crab on CADJPYActive Bearish Deep crab on CADJPY
Sell @81.95
TP1 @81.75
TP2 @81.55
Simple Daily ABC setupAs you can see on my chart, 1.40 seems to be a bullish daily target.
Long positions above 1.3600
SL according to your rules
Target 1.4000. That's my resistance area that i'll consider to thing about shorting the pair. (Deep Crab, ABCD & wwPo5')
Active Bearish Deep crab on EURGBPActive Bearish Deep crab on EURGBP
Sell @0.8655
TP1 @0.8615
TP2 @0.8575
stoploss close the candle above D point
Active Bearish Deep Crab on EURJPYActive Bearish Deep Crab on EURJPY
sell @124.55
TP1 @124.05
TP2 @123.75
Harmonic Patterns on EURUSD DailyEmerging Bearish Bat and Bearish Deep Crab on EURUSD daily. Taking long entry after price closure over 1.09700, and short after price tests PRZ.
USDCAD D1 Bearish Deep CrabPrice currently retesting a pin bar support zone (demand zone) before trending upwards to complete a Bearish Deep Crab.
Also look at the abcd within the pattern and watch for its points for targets, as price crosses every point it will be a confirmation to go aggressive and add to your positions, AC trend line is also an important line to watch how price will act on.
USDJPY H1 overlapping ABCD 0.5/2.00 and Bullish Deep CrabA complex way of trading harmonic patterns, using supply and demand zones, trendlines, and fibo levels.
To see is better than to here, the chart tells about itself.
EURJPY Cypher: Butterfly (current) Deep Crab (possible)This weeks aggressive Euro moves has negated some studies and populated other new studies.
For the EJ pair we will be looking for key fib levels to define possible Cypher patterns Butterfly and Deep Crab Bearish.
Per ususal the market negates our XA move and the study is nullified.
122.887 cannot be exceeded
121.971 is a key .886 level and supports the Deep Crab pattern
121.167 has been satisifed in the XA movement so Butterfly Bearish will define the next possible move
What to watch for:
Price points above and for the day and check for 121.307 for a possible reversal on the day to chase the next BC leg target which is currently 119.251.
