I had profited 212pips on the AUDUSD Bullish Deep Gartley Pattern(check out the link at the bottom). It's only 212pips because I got in late. Now I had shorted the Bearish Crab Pattern at HOP level. One of the perks of this is the Reward:Risk Ratio. What I didn't like the candlestick consolidation looking left.
The sharp rise of major currencies has always been a reaction against the Swiss franc! ENTRY: 0.93980 SL 0.94393 Risk/Reward Ratio: 5.72 WHAT DO TOU THINK ABOUT THIS?
The Small Cap Value Seems to be in a much better position than the rest of the market and in the case that the market Bullishly Reverses we may see the Small Caps severely Outperform the Indexes. This could lead to the Small Caps making a Minimum 88.6% Fibonacci Retrace from High to Low and a Maximum of a 1.618 Fibonacci Extension before we have the potential for...
Hi everyone. I'm watching a probably PRZ in some confluences after a bearish Scott Carney's CRAB pattern figured out. The volume decreasing along the consolidation so-called Bart Simpson indicates institutional price support. In the next two days at least we can expect a distribution phase in the 100-88.6% range of Fibonacci retracement. The 61.8% pivot level can...
We recently reversed from and hourly Crab and now we are looking at a falling three methods daily continuation pattern while it's below the 55 day moving average.
We have a spike in volume with the RSI overbought and a bearish engulfing of the terminal bar at this potential PCZ why not give it a shot.
Lets see where this takes us, if we can get back below the 1.618 i suspect there will be a quick, bearish and volatile move downwards.
This is my idea on AUDNZD pair. Pattern: Bearish Crab What do you guys think? Good Luck Everyone.
A bearish crab pattern may emerge and complete at 0.9240 for a shorting opportunity. On the other hand, traders who are looking at the 4-hourly chart might have a different view. A bullish bat pattern. This is why it is very important to follow your trade plan and stay out of the trade if you aren't certain. I'll be checking the candle formation on Monday...
Earlier I posted a bearish crab and I completely missed this bat within the crab, this gives us a better confluence of events if price reaches the D point, so definitely set an alarm and watch price if it reach there for the short!
Last week, I've shared with you a Bearish Shark and Bearish Crab Pattern. If you have engaged the trade, that would give you 83pips of profit, which is 830USD/lot traded and you have not reached the first target yet. If the market retest 1.1800, that is an opportunity for you to engage for a shorting opportunity. I will be waiting for a double top when the...
The Bearish Crab pattern meets the X point of the Bearish Bat pattern. By 1000(UTC +3) or 1500(GMT +8) could be the decision point for those who are seeking to short this pair.
Two Harmonic Patterns Converge at 1.1892. I'm waiting for a retest at that level for a shorting opportunity on the Bearish Shark and Bearish Crab Pattern. Both Shark Pattern and Crab Pattern is a counter-trend setup and it is more likely for this pattern to consolidate, retest and retest before the actual move. Once the market retest the Bearish Channel, it will...
There's really not much to point out here. This is purely based off the crab pattern no divergence or anything special except that it's overbought.
A Bearish Harmonic Patterns, to be precise a Bearish Crab Pattern has emerged. If this Crab Pattern is going to happen, it will hit 1.1808 by Monday, 16Aug21. If not the setup is just too weak to interest me for the trade. What's nice on this setup is that the Harmonic Pattern completes within the consolidation zone.
As we know in the chart BITCOIN is still on track to push to $49k and will correction to $42k, but unfortunately BITCOIN make a bearish crab pattern. So will see if BITCOIN can breakout from $51k resistance, it can surprising us.
Bearish crab like structure is still something i feel confident in. However it is going a little higher on this part (How crabs normally form). 48-49k area is a retest similar to august-september 2020 Retest of the 12k breakdown.
Very Similar to the Bearish Log Scale Butterfly i found on Bitcoin. This setup however does not have the best risk to reward due to the high volatility of this coin. i suggest that if you trade it not to risk a huge amount of cash.