EURUSD on the daily chart shows a bearish trend, but on the 4-hourly and 1-hourly chart is on a bullish trend. This could mean that the lower-time frame shows a potential of change of trend or it is merely a retracement within the bigger bearish trend. What should you do then? Trade what you see, or don't engage the trade if you aren't comfortable. As for me,...
A V bottom on the bullish deep crab pattern is nice, but with the bearish engulfing candle, the movement towards profits isn't certain. A break and close below 1.2593 would create challenges for the short term appreciation.
If you are in our community you would have engaged the Bullish Crab Pattern on the USDJPY trade you would have gained 37pips and have your stop-loss shifted to entry without working the market might go against you. If you have not, that's not the end of the world, since the trendline(blue line) is not broken, that could be an opportunity for you to long. However,...
The crab pattern has not formed yet but a consolidation happens before it. If you don't mind to engage 2pips ahead of the completion, you can consider that. Stop-Loss I'm looking at 104.01.
Spotted this bullish setup of a harmonic crab pattern in the upward channel. Price action plays an crucial confirmation in the potential reversal zone (blue box) for a target of MYR 3502.
Well, some asked how do I know the level of rebound even before the fall happens, well that's not the main focus here. It is important for traders to identify real traders that share their analysis before market movement than those who flaunt their trading results & luxurious lifestyle. The main focus is at this moment the market presents a good buying...
A perfect scenario for this week trading setup on EURUSD will be a retracement back into the consolidation zone(grey box) and giving us a long shadow candle for us to engage for a shorting opportunity. It will be better if the trade stretch towards the harmonic patterns, in this case the bullish crab pattern that was a perfect buy zone as it is on the support...
The Crab Dimensions, Entry, Stop and Targets.
The Bulls and the Bears have both reached TP1 on each pattern and are now vying for dominance. This situation leads to the formation of a triangle pattern.
On a mid-long term, I'm looking for a shorting opportunity on EURJPY. The shorting opportunity I'm looking at the red trendline. Just before that traders can wait for a buying opportunity on the blue trendline on the Bullish Crab Pattern setup.
Reliance spot cmp 1875 Bullish crab pattern formation PRZ zone around 1840 levels SLZ zone below 1780 levels on closing basis Target around 2000,2060,,2135 levels.. Elliot wave counts Counter is trading in major impulse wave 3 of bearish impulse phase,, Major wave 3 can mature around 1800 levels,, If major corrective wave 4 unfolds from this levels we may see good...
Hello, Pattern : Bullish Crab Stock : NSE:RELIANCE Time Frame : Daily. Always look for reversal patterns in rectangle box area which is a reversal zone and take trade basis on it. Note : This chart is only for study and reference purpose.
RECLTD has double top pattern on daily chart and also broken the neckline , It might test neckline which is 98.50, so short from 98.50 will be good idea.Also has Bullish crab whose PRZ is at 87.40. Targets on chart...
Hello, Pattern : Bullish Crab Stock : MCX:SILVERMX2020 Time Frame : Daily TF. Note : This chart is only for study and reference purpose.
Waiting for an indecision candle to engage the trade for a counter-trend trade on CADJPY. At the resistance level 76.60, traders have to observe if the market can break and close above the recent high before hitting the first target.
LETS WAIT FOR MOON LIGHT :)
Well, if you are trading for some time you won't expect the market to maintain the 45degree appreciation forever, at some point there will be a retracement. If the market break and close below the trendline, I will observe closely on the area of buy zone(blue box) if it is strong enough to hold the support for me to engaged an additional buying opportunity. I'm...
Bullish Crab has check-back and shows a nice setup for a buying opportunity that I've waited for months. On the daily chart there is a bullish bat pattern that has also checked-back. Let's see how this trade pans out.