Make sure to keep this one on your watch list, here we have USD/JPY on a Daily chart with a bearish crab pattern. I'm currently looking at long term moves in the market and this one fits the bill! The measurements for a valid crab pattern are detailed below. B: 0.382 - 0.618 C: 0.382 - 0.886 D: 2.618 - 3.618 Final X to D: 1.618 All-round excellent...
usdjpy long term Entry: 112.399 TP1: 107.467 TP2: 104.449 SL: 117.352
Very much the same as Silver, Gold pulled back on EW4 in the 38.2 of EW3, found support at EMA89 and reached the former breakout level. As long as the PA stays above $1300 mark, Gold is bullish on EW5. Target on EW is set at $1400 mark with a potential completion of bearishcrab at $1469 mark.
Deep pullback on EW4 all the way to 61.8 of EW3 with last week's breakout. This PA has potential to complete the bearish crab and probably reach EW5 target around $23 mark.
Everything I've seen this week is indicating a strong Japanese Yen for the short term, here we have AUD/JPY on a 4h chart with a bearish crab pattern followed by a bullish shark. I will be going short all the way down to my 0.618 take profit level at 77.600... Then potentially entering a long position :) Credit to www.tradingview.com for spotting the bearish...
The price has touched Fibo Ext 23,6% before down to 38,2% one. It's very interesting. But they have formed the Ascending Pattern. I hope they growing up to break fibo ext 23,6% and finally to 0%. Or not more bearish to fibo ext 61,8% in order to as my prediction on Gartley Bearish before. If breakout from fibo 23,6%, I hope they will growing up and finally as my...
Here, we have a Bearish Crab on the 4h chart. Valid measurements for a Crab pattern: B: 0.382 - 0.618 ----> (0.586) C: 0.386 - 0.886 ----> (0.859) D: 2.24 - 3.618 ----> (3.049) X to D: 1.618 ----> (1.618) Also, we have a trend line running under C and D point. The second trend line that is barely visible, shown just above D point, is part of a descending...
bearish Crab forming on the 1 hour chart this coincides with my Elliot wave count for that time period and with the reversal zone right at the 1.618 extension of my wave 1-3 swing. PRZ of 104.261-104.765 TP1 @ 103.009 TP 2@ 102.116 thanks for viewing Bud
EURGBP Analysis Bearish Crab Pattern spotted on H4. PRZ : 15 pips Good potential to sell because : 1) Price is close to the top of the equidistant channel 2) RSI is at overbought level 3) Hourly candles seem to be consolidating, strong resistance at 0.8807 Risk to reward is good : 1.9 (TP1) and 3.2 (TP2). The Fib Time Zone is represented by the blue vertical...
Formation of a Bearish Crab on the AUDUSD 15min Chart.
Happy Monday Friends ! Probably,few have Monday blues but we are the ones who wait for Monday...This particular post is kind-of educative analysis to determine overall view of the markets purely based on prediction from my experience. Let's check our surfboards right away & get it ready to surf along Nifty waves... Next resistance level for Nifty around 8800's...
Hi Guys, Trading sharks n crabs are the most risky patterns bcos its not like other patterns where we can expect a support/resistance around D completion. Crabs will always have their D legs extended way beyond to 1.618 and sometime continues their move upto 2.24 extension levels. So if you really ok with the risk enter the trade with proper stops, Crabs are as ...
Make sure to keep this one on your watch list, here we have AUD/JPY on a 1h chart with a bearish crab. As you can see we have been trading within a range since the Brexit, creating multiple layers of support and resistance. Price is now heading towards our trendline for the third time, I'll be looking for a break with price moving straight towards our D point...
Bearish Crab Pattern Completion Market is consolidating for past two days Nifty has Double top formation near Crab Completion Though it took out my stops on previous trade, we got another chance to enter at more better spot with Double Top. While I am posting this its forming bearish doji, enter this trade after the current candle closes in Bearish mode We...
When I see BIG BEARISH PATTERNS ACROSS THE BOARD as this chart of a Bearish Crab in AT&T (T), I am defensive! Many others in Dow Industrials!
Today we are looking at NZD/CHF on a 4h chart with a potential bearish crab, I'm loving the look of this setup already. The measurements for a valid crab pattern are detailed below. B: 0.382 - 0.618 C: 0.382 - 0.886 D: 2.618 - 3.618 Final X to D: 1.618 As you can see from previous price movement our pair has trading within a zone, I would like to see price...
Beside these 2 harmonic pattern there is a nice CupAndHandle pattern with a target above 1.18 :)
After a double bottom formed above 1.85, there is a pretty good chance that PA will make the break of daily trendline and continue above 1.88. Should this happen look for bearish crab completion above 1.91. Failing to do so, a visit to 1.85 lows is very likely. Since WTI price has a great impact on CAD, drop in oil price would weaken CAD and longing GBPCAD...