Possible bullish crab forming potential reversal zone @ 1.6632-1.6650 SL @ 1.658320 TP 1 @ 1.67357 tp 2 @ 1.67907 waiting on candle and Stoch confirmation
I hope it doesnt drop anymore but if it does Im looking at strong support and a possible reversal in the 2056-2068 zone. notes on the chart
Price on Daily Support , expecting price to push up , bullish crab .
Appears to be a bullish crab forming on the 4 hour chart. it also appears to be forming within a falling triangle with the PRZ right at a strong support level. Im gonna keep my eye on this one PRZ 128.50 to 129.20 TP 1 @ 131.832 TP 2 @ 133.730 TP 3 @ 134.904
Appears to be a bullish crab forming on the 15 minute chart. if it does form I will look to go long after a candle over candle confirmation on a bounce off of the 1.618 Fibonacci extension. SL will be set initially @ 25 pips from entry then will go to break even and enable trailing stop TP 1 @ 1.29679 TP 2 @ 1.30081 Thanks for viewing Bud
A bullish crab pattern has completed on the H1 time frame. I just saw this, price had went through the Potential Reversal Zone. However, price seem to be picking up again. I am looking to long this pair tomorrow morning.
Hello Traders, Good to be back after a while. Looking at gold here and we are seeing 2 really well defined bullish harmonic patterns formed right near the previous structure support. First, we have the bullish Cypher pattern , which is very close to being complete. Notice that the D leg is below the B point, which keeps the pattern valid. Second, we have the ...
PA is still in channel. Break to the downside has 2 targets, 2.07665 and 2.05053, that's if PA breaks the channel. Upper range break would target 2.13550 and perhaps 2.14570. Keep in mind the weekly chart where a pennant is forming and the bullish bat completion at 2.00 is in progress!!!
Possible bullish crab, PRZ right on the 50% retracement of up preceeded up move. Good luck!
Expecting a retrace to breakout level at 159.81 if PA can make it over the 161.8 - 157.16
GBPJPY marked the breakout level at 1.39241. Failing to continue could be a sign of short-term consolidation and break to downside. 161.8 confluence zone 1.3720 - 1.3681, yet another bullish crab
GBPJPY completed weekly BullishCrab, expect a pullback since on daily is a potential DoubleBottom forming.
BullishBat completed but possible BullishCrab bellow monthly TrendLine
AUDCAD has completed a bullish crab at a strong level of support. The crab completion level is confluent with 07/2013 lows, CD=2AB, and 2.618BC extension levels. Potential targets on chart.
Hello Traders, After being involved in a nice shorting opportunity on FX:EURJPY , there are key signs of bullish reversal emerging on the 4 hour chart. The first sign is the harmonic AB=CD move completing right at the potential reversal zone (PRZ) , with several Fibonacci extension and retracement levels (Fibonacci Cluster Zone). Next sign of bullish...
GBPCAD has entered the PRZ of a bullish crab. The RSI is quite overextended as well, so a 38.2% correction is likely at these levels. Entry is placed at the base of the PRZ with target at .382CD and SL outside of 1.786XA. Confluence in the PRZ: Bullish crab 3AB=CD 5BC Projection RSI Oversold
Currently retracing from .382 fib level, look for price to bounce off the next .382 for trend to continue downwards. Or if it breaks, wait for the price to move to the blue line of the fork, from 2.08158 to the .382 retracement at that level and then continue lower! Overall POSITIVE downtrend! If Head and Shoulders pattern completes, look to take off profit...