Will be targeting bother $260 and $237 for profit taking.
Recently a question was asked, "How high can USDJPY goes?" Well, from the chart I'm seeing 113.07. That means, based on the daily chart, I will only be looking for shorting opportunities when USDJPY reach 113.07. That doesn't mean you should buy and exit at 113.07, unless you have a trading strategy that you have tested a hundred times and give you your...
Hi, yesterday was a great day for Bitcoin , it had an amazing pump (About 2000$ 😱 just on one 1h candle). Bitcoin Analyze ( BTCUSDT ) Timeframe 1h . BTC swung on the Range channel for about 1 day and 14 hours , after that the price was able to break it (to the top), and then we saw that amazing Pump breaking our main Downtrend line . in this...
This Bearish Crab Pattern is important because it came in line with the Bearish Shark Pattern on the Weekly chart. In the coming week, I'm waiting for a retest at 134.00 for a shorting opportunity as a counter-trend trade, it could be a trend reversal setup.
United Spirits post its Q4 results has reversed from a bearish Harmonic Crab pattern in daily time frame suggesting retracement till 560-550. The view would negate above 605.
Many Harmonic Pattern Traders will look to short gold on the crab pattern completion at Point D, $1864.74, but that's not the right way of doing it. I'm looking for candle confirmation on the HOP level completion at 1878.78.
The Ger30 seems to form a crab pattern. Only problem is the price-spike located in the XA-Line. Did i miss something? Entry and TP are marked in the chart.
USDJPY could be 1 of the most interesting setup, it rarely became my top watchlist among 12 others of her peers. At this moment, I'm waiting for another shorting opportunity and that will happen when the candle touches the profit trendline(red) of the bearish crab pattern. My plan will include shorting of this pair and extend my second target to the blue trendline.
Remember last week we did spoke about this bearish crab pattern? You can refer to the link below. At this moment the trade has setup and I'm waiting for a retest on the profit trendline of the crab pattern for an additional counter-trend shorting opportunity.
A potential bearish crab pattern might form up on GBPUSD. 1.3930-1.3917. Trend following traders can wait for the market to consolidate between 1.3930-1.3917 for a buying opportunity.
This is a small update to my pervious monthly and daily chart where i pointed towards the possibility of a Rising Wedge and a Bearish Crab to take us to lower levels soon. As of today we have had a strained rally above the 1.618 and look to be heading for the supply line of our Rising Wedge. But it looks like with all the indecision we are showing only just...
ETH in the next few hours will probably react strongly to this level
for opening a position you have to have enough reasons. and I have enough justification for my self to open 2 short with different lot sizes and my reasons are : resisted from resistance cloud gap macd cross in 1H TF momentum harmonic bearish CRAB baseline Ichimoku flat good space in RSI to fall it's better to trust your analysis, for me these are enough to...
This is an update to a previous chart of intel where i took 10 months of price action and called a diamond bottom. Now in this new edition i am adding a Rising Wedge along with the bearish crossing of the MACD. Will price action continue to so smoothly follow the rules of the patterns on Intel? We Shall see.. I believe that a reasonable target for a breakdown of...
If you are a Harmonic Pattern Trader, allow me to ask you 1 question. Why is this trade setup not a Gartley Pattern, not a Deep Gartley Pattern but if it forms up it will be a Crab Pattern? It is easy for one to read up and claim proficiency in the area, but what's more important is that you are able to identify the difference and avoid unnecessary losses. The...
RSI overbought at the PCZ of a Bearish Crab; this could signal a bearish reversal.
A bearish crab pattern form on the daily chart of EURJPY with an RSI Divergence. This trade can take up to 2 weeks for it to complete its run. Patience is required. Are you game for this?