The Crab Pattern is a volatile 5-point extension structure that was discovered by Scott Carney in 2000. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies between 0.382 and 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 1.618 extension of the primary XA leg, 2) AB=CD pattern, either equivalent, 1.27 or 1.618 and 3) Extreme BC projection of 2.24, 2.618, 3.14 or 3.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 2.0 extension of XA. Conservative traders may look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures on a chart.
FOREXCOM:XAUUSDWeekly Analysis - Recommended to Buy for this Week
Bearish Butterfly 1.272
Potential Bearish Crab 1.618
Potential Bullish Butterfly Advanced Pattern BC 0.382-1 XD 1.272
Potential Bullish Deep Crab Pattern 1.618 (unconvincing x-b?)
Star of David Pattern - an Easter egg
Support and Resistance Levels
Moving Averages
Fibonacci Retracement...
FX:GBPJPY Special mini edition analysis
Potential Cutted Crab pattern 1.618
Falling Wedge
Support and Resistance Levels
Moving Averages
Fibonacci Retracement Levels
Hedging Strategies
This is a 1 Hour version from GBPJPY: SAE IV - Sharks ABC Fever
The Money Journey - Hope for...
FOREXCOM:XAUUSDMonthly Analysis - Sell for this Week then Buy until next Month
Potential Bullish Butterfly Advanced Pattern BC 0.382-1 XD 1.272
Potential Bullish Butterfly Advanced Pattern 1.272
Potential Bearish Shark Pattern AC 1.13-1.618 BD 0.886-1.13
Potential Bullish Deep Crab Pattern 1.618 (unconvincing x-b?)
Impulse Wave (12345)
Support and Resistance...
I've been watching these couple patterns since DJI crossed above the PRZ of the bearish Gartley I'd been watching for months(so about a month). So far, they seem to be helping to weigh the price down. The most obvious targets based on the patterns outlined with yellow horizontal lines, and the green rectangle being the zone that I start considering buying and/or...
FX:USDJPY Monthly Analysis - Buy now, sell it next Month
Bearish Crab 1.618
Bearish ABCD
Potential Bullish Shark AC 1.13-1.618 XD 0.886
Andrews Pitchfork - Median Line
Support and Resistance Levels
Moving Averages
Fibonacci Retracement Levels
This is an update from my previous weekly chart analysis which has already wipeout my lockprofit :), So,let's just...
USD/JPY is currently forming a bearish deep crab pattern on the 4h chart, providing a trading opportunity with a 1:2.6 risk to reward.
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.0 - 3.618
X to D: 1.618
Keep this on the watch list! Price has just confirmed the PRZ.
Thank you for your support everyone :)
BITFINEX:BTCUSD Monthly Analysis - Just Refresh
Potential Bullish Shark Pattern 0.886
Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886
Expanded Flat Corrective Wave (ABC)
Support and Resistance Levels
Moving Averages
Fibonacci Retracement Levels
Hello.. there is no necessary update from previous weekly chart analysis and Hopefully it will stay this way...
The pair has completed a harmonic Gartley pattern (pink) and we are predicting the completion of a deep crab pattern (blue. As a part of our strategy we bought the pair at the completion of the Gartley and we are now trading both patterns at the same time. Our target is the 4th leg of deep crab. EUR
Update- Our positions are currently running in a draw down, but we are predicting the formation of a crab pattern. Our strategy is to sell it at the completion of the 4th leg. TVC:USOIL
Hello Traders!
We have here Bearish Harmonic Crab Pattern which is already completed, as the RSI is below the overbought extreme area of 70, the expectation for the market to fall to the target identified. We will wait for price action and/or candlestick pattern to confirm our direction. your portfolio, your choice!
cheers
FX:AUDUSD Monthly Analysis - Daily Time frame
Potential Bearish BAT Advanced Pattern 0.886
Potential Bearish Deep Crab Pattern 1.618
Potential EW Impulse Wave (12345)
Potential little Bearish Deep Crab Pattern AC 0.533
Support and Resistance Levels
Moving Averages
Fibonacci Retracement Levels
This is an update from previous weekly chart analysis, which is...
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