After breaking out of a bullish rectangle, FSM has broken out and run up (made some profits on that move). However, it is now entering the Potential Reversal Zone of a bearish crab. Conservative target is B and aggressive would be C. If I was doing shorts I would risk 5%, but probably would get out if it had momentum above the marked historical resistance. Up to...
BUY around 23.15 T1 24.05 T2 24.65 SL closing below 22.55
Bearish Crab on the 1month - 3month Timeframe.
Well, I've told you there's no need to panic for crab pattern, it usually has a retest of previous low before it took off. The structure of this trading setup is also known as a sideway consolidation, although the highs(resistance) and lows(support) are not too far apart(which will affect our income potential), it is still good for meal money. Well, in the short...
Bitcoin did very well at the recent bull-run and through this rally, it's about to hit $30K. It had not done any significant corrections since the last dip at $9.8K. This is my view on bitcoin for the next couple of weeks ahead. I have a few scenarios in my mind: 1) Breaking through $30K to the upside and keeping up the bull-run to 60K! (400K is the optimistic...
This chart being posted to support the BTCUSD chart. Seems both Bearish Crab fractals could be completed and signaling bearish moves. See BTCUSD chart for more details. The chart is linked to this one. *CHEERS*
Solid short here imo Failed breakout of wedge, failed retake of the channel, long way to go to strong level
EURAUD 1H 1.902 Crab pattern Buy@ TP 1=1.59970 TP 2=1.60560 SL=1.58580 Buy Entry: Waiting price break the PRZ/Trendline
Mid point (B) - 0.618 The pattern requires a very small stop loss and usually volatile price action in the Potential Reversal Zone. In this case, we need confirmation to sell BTC from lower TF. Reversal zone is not far away. But, Due to the extremity of the projections utilized in the completion of the pattern, the Crab frequently experiences sharp price...
Maybe there is a possibility that this harmonic pattern will occur. Belki bu harmonic formasyonun gerçekleşme ihtimali var.
A-C is technically invalid, should be <88, but it's Crypto
Formation of a possible Crab Pattern B - 382 - 618 (USE UR REGULAR FIB) C - 382 - 886 (USE UR REGULAR FIB) D - 161.8 AXA + ABA (Use ur Fib Extension) ABA - 2.24 - 3618 (Use ur Fib Extension) AXA - 161.8 (Use ur Fib Extension) AD - TAKE PROFIT (USE UR REGULAR FIB) TP1 - 382 (USE UR REGULAR FIB) TP2 - 618 (USE UR REGULAR FIB)
We can see Market complete 3 rules of Bearish CRAB pattern. We can find a selling opportunity at D point. We will never long from CMP but we can short from the D point (30,000 to 30,800).
Short around 3320 T1 3262.10 T2 3227.60 SL closing up 3331.25
BUY@ 91.75 T1 98.65 T2 102.75 SL closing below 90.30
BTCUSD is currently closing the bearish Crab pattern. Considering a safety margin, the first target is ~20,5k, then possible drop to ~14k. It will probably happen right after the New Year's Eve. Good luck!
BUY @ 11.10 SL closing below 11.00 T1 12.12 T2 12.80