Here on the Swissy we have a crab. The ABCD Back bone of the pattern has been blown so we shall see if the pattern is still valid. With crab patterns we see PA retrace to the 1.902 level and PA become volatile and reverse. we are entering a weekly support level so we shall see how PA reacts. Sorry for not going into it any deeper I am behind on some school work...
As you can see on nearly every time scale, the Deep Crab harmonic idea for KRAKEN:ETHUSD , is still beautifully confined within the pattern. Even with the recent consolidation due to BTCs downward pressure - it never broke out of the DEEP CRAB HARMONIC. As long as BTC doesn't force the crypto market further downward, the price targets are $2200, and more...
Hi every one Ethereum / U.S. Dollar This is an update on the last analysis of ETH/USD which we did for you. As you can see the crab pattern which we talked about a few days ago is about to complete the last movement which is (CD line) on the chart. If the pattern completes the price will reach around 2400 to 2500$! after the completion of crab pattern it is...
Hi every one COSMOS / TETHERUS ATOM/USDT is in a crab pattern. AB movement has been completed but CD movement has yet to complete .the price can reach around 33$ (EX ret 1.618) and than start It's correction .if we use the Fib retracement the correction is expected to reach the 0.618 line of the Fib. there is also a Hidden bullish divergence on RSI indicator...
Perfect execution of Bearish CRAB Harmonic Patter. The 1.618 AXA target hit to penny.. Accumulated position at $204 level. Expect pull towards T1 level of $220 as we are in take profit mode below recent high. Good luck to everyone and manage trade with proper stops.
MY FREINDS!!! THIS HINT IS IMPORTANT JUST BEFORE BREAKING THE LAST HIGH PRICE!!! SO , JUST BE CAREFULL!! THIS IS NOT A SIGNAL!!! ;))
"BEARISH PATTERNS DON'T PERFORM WELL IN BULLISH CONDITIONS" - After bears failed at pushing the price lower, the daily time signature is drawing a crab pattern, with the PCZ (pattern completion zone) near $2400. Due to the lack of resistance in this area due to price discovery, the next psychological target for this is $2500. As long as the macro (BTC) stays...
Entry until 0.95508, stops above. Target 0.90453. Supply zones 0.94488 until 0.94668, if taking this one, then stop above 0.94668 and the second supply zone is at 0.95212 until 0.95537.
ATTENTION!!! THIS IS JUST A POSSIBILITY!!! PLEASE BE CAREFUL!!!
Part two on the 1hr timeframe and zoomed in for detail. *** Very high chance this is an almost perfect Bullish Crab Harmonic Note: *Oversold on RSI and Stochastic on 1hr *Previous note of descending wedge *Previous note of touching weekly demand back to 2019 *Conservative targets noted on chart based only on the Crab *Possible longer swing
Panic sell last couple days. Finally found a channel, poke out a bit, did it again at close today. Only a 15min timeframe harmonic on this so looking for small pullback, then back to movin' on up. That bottom support it ran into was back from November.
If GBPCAD completes at that 1.618% zone, then it could be a 70 pip swing to the upside. This is on the 15 min timeframe. Typically, I would be aggressive and set a pending order for the patterns completion, but I like to have a tight SL for the small risk big reward. In fact, back on Jan. 08, this pair has a strong 4HR level of support at 1.71870, so that may be...
Based on what I see, the AUDUSD is bearish and if it gowes down the support around .7570, it can continue to reach 0.73 with some correction in it's way.