QTUM is forming Bullish Crab Pattern, which already hit first target. If you wanna trade this Pattern again, try to catch retrace of first impulsive wave like you can see in chart. Targets, StopLoss, buy zone is written in chart. This Cryb pattern is precise and price action in PRZ was excellent :)
A bullish crab pattern as a CounterTrend Trade for a buying opportunity. The crab pattern completion rested at very nice support for a buying opportunity, due to the bearish move, I will not be placing a buy limit but will wait for further signs of confirmation to engage the trade.
A bullish crab setup as a countertrend trade. I have realised that lots of time the crab pattern do extend towards PEZ at times beyond PEZ before returning to profit area.
If you like to trade this, you have to manage your expectation. But if is done well, it can be profitable.
Weird on this Bullish Crab? It's perfectly right.
This crab pattern was detected on my live data stream but if your account didn't show up then you shouldn't trade.
That's the reason I always got my student to trade "what they see" in the market.
A countertrend trade that setup for my bigger plan on EURJPY, if you are an active follower, you might just have a...
A bullish deep crab setup within the buy zone, the latest candle that you have seen on my LIVE data did not close below the low of the low price that touches Point D, hence it is still considered to be a long at the buy zone.
With the above definition, the market still is a trend trading opportunity. Yes, you hear me right, trend trading.
A bullish crab pattern setup for a countertrend trading opportunity. The retest of the support line nicely touched the previous support and rebounded.
Traders who have missed this entry can wait for a retest of support of low of the candle body to engage the trade.
Classic support and resistance trade with RSI Divergence, great consideration for buying opportunity. A bullish crab setup if the market broke the support line, both setup acts as a counter-trend trading opportunity.
What're your thoughts on this?
On the 4hr chart on GBPUSD a bullish crab has formed. D leg has completed forming targets @ 1.26737 and @ 1.2803 . This is agreat buy set up. Use proper money management. Stops at 1.2435 (not a signal)
What's going on traders, I hope you've all had an excellent weekend.
Today I'm bringing you a trading setup that I've been watching unfold over the last few days, and now things are starting to fall into place as price has just re-tested the previously broken support at $10,310.
If you're a long time follower of my ideas you'll know that the majority of my...
Having an RSI Divergence on the daily chart(right) set perspective up for a buying opportunity I'm waiting for. But based on my trading rules, I can't just long because of an RSI-Divergence.
On the 4-hourly chart, a bullish shark forms up on the dot of my prefered entry, adding sprinkles to the dessert on the 1-hourly chart, a bullish crab on the dot.
Testing the cloud base at 1.12000.
Price is below EMA 50, SMA 100 and 200.
Near term Bearish Pressure below 1.12600.
Daily Chart Resistance 1: 1.13600 SMA 200 Resistance 2: 1.14200
Daily Chart Support 1: 1.11600 Support 2: 1.11000
FED's Monetary Policy and potential...
Deep Crab setup completed at 107.89,
Potential miss trade - Yes.
Re-Entry possibility - Yes.
Engage Right Away - Not for me.
Follow your trade plan, although is great reward to engage this trade, but it doesn't give me the rights to break my rules.
There are 3 trading strategies, but what is your trade plan?
A bearish shark pattern completes at a much higher price, a potential counter-trend opportunity on the deep crab completion or just a simple sell zone?
Let's see how the next 2 candles close if it closes within the sideways consolidation, I may just long this pair.
On the daily timeframe, it formed a bullish crab. 2 supporting reason for a long trade. Let see how this work out.