izogawa_trading
Long

SPX Update_Bullish Crab

FX:SPX500   S&P 500 Index
As an update to my previous post, the previous Shark Pattern that was setting up is still valid albeit a BULLISH CRAB is now forming which extending the lower Expanding Triangle trend channel.

Again, the Shark Pattern is still valid, however, please be aware of another possibility. Trade either or as you please, I typically take the conservative approach & thus would opt for the Crab but considering this could be the final corrective move on a substantial upswing, you may consider putting an extended SL on the Shark to account for the Crab .

Finally, the BULLISH CRAB could also be a BULLISH BAT ; this would put the D Leg @ 1971.2

WATCH THE WAVE COUNT GOING DOWN

Related Ideas

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out