Trend of British Pound Currency Indexthe detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.
bear market turning into bull Market with GBP Crab.
Bullish crab pattern
It begins at point X and extends to point A. Point X may be anywhere on the price chart, but looking for a bull pattern under oversold circumstances is a smart practice.
Wave AB must retrace downward to the XA wave's Fibonacci levels of 0.382 - 0.618.
Wave BC must retrace the AB wave's 0.382 - 0.886 Fibonacci levels.
The final wave CD is the longest and must reach the BC wave's 2.24 - 3.61 Fibonacci levels.
Crab
NEO Analysis - What Shall we Expect !!!BINANCE:NEOUSDT
As you can see, the price is in a Megaphone. If the price can break this megaphone, we can hope that the price will act like a Crab pattern and the price will grow well.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BUY at zone - swing / intradayENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
NFE DOUBLE WHAMMY BULLISH.NFE has completed a multiyear correction imo, ending with 2 bullish harmonic patterns. the 1st and largest is a bullish bat pattern with a high probability (70-80%) of bouncing at the .886 fib level. The second is a bullish crab pattern with a high probability (80-90%) of bouncing at the 1.618 extension level. the bottom line is, that it is time to accumulate long-term and collect the div for many years. now that's what I call a double whammy!!
Bitcoin Analysis==>>Bearish Harmonic Patterns==>>Crab & SharkBitcoin moved as I expected in yesterday's post .
Bitcoin is currently moving in the Resistance zone($60,080-$59,400) , near the Resistance lines and the 50_SMA(Daily) .
It also seems that Bitcoin can potentially form the Bearish Crab Harmonic Pattern and Bearish Shark Harmonic Pattern .
After breaking the small Support zone , I expect Bitcoin to attack the Support zone($58,000-$56,600) again.
Note: We can expect more pumps if Bitcoin breaks the Resistance line (over $61,000).
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Harmonic Crab Variation + Bullish RSI Divergence - GUHere I have GBP/USD on the 30 Min Chart!
Price has found Support from the July Highs!
Upon reaching the Low @ 1.30493 I notice a couple things:
-Price is moving Lower, RSI is moving Higher = Bullish RSI Divergence
-Price has created what looks to be a variation of the Harmonic Crab Pattern (not exact values)
Harmonic Crab XACBD Values:
X-B ( .382 - .618 )
A-C ( .382 - .886 )
B-D ( 2.618 - 3.618 )
X-D 1.618
We continue to see price move higher and I believe we will see Higher Highs up to the 1.3130 - 1.3140 Area!
Fundamentals:
GBP has been positive in the analyst eyes this week with the Claimont Count Change with impressive numbers and Unemployment down from 4.2% to 4.1%!
-GBP will have GDP releasing Wednesday Sept. 11th with forecasts to be Positive!
USD not only has Rate Cuts starting next week but this week is heavily loaded with CPI & Core CPI Wednesday along with PPI, Core PPI & Unemployement Claims Thursday Sept. 12th!
AUDUSD M15, Intraday TradeI just shorted AUDCAD, Bearish 5-0 Pattern on the 1-hourly chart, and now AUDUSD on this Bearish Gartley Pattern.
It seems like the Australian dollar may have a bearish movement for the next couple of hours.
If you have been following, you should know I don't usually trade on the M15 chart, but this one has an upsize trade component.
What is an upsize trade?
An upsize trade is a trading setup that allows me to stretch my final target to the next pattern completion. It's a Trade Management skill that I've used for years.
Before using it, You must be very familiar with the product and strategy.
Bitcoin Analysis==>Bearish Deep Crab Harmonic PatternAs I expected yesterday , Bitcoin went towards filling the CME Gap($61,855-$60,485) , although the structure of the trend was slightly different .
Bitcoin is currently moving near the Resistane zone($62,920-$61,460) , Resistance line , Daily Resistance(2) and 50_SMA(Daily) .
Also, the 🦀 Bearish Deep Crab Harmonic Pattern 🦀 can be formed near the Resistance line and the Resistance zone .
According to Elliott's wave theory , Bitcoin is completing corrective waves after completing five bearish waves .
I expect Bitcoin to drop to at least $59,400 after breaking the Support line , and if this level breaks, we should expect an attack on the Support zone($63,630-$63,200) .
Note: If Bitcoin can break the Resistance zone($62,920-$61,460) again, we should wait for Bitcoin to attack $65,000-$66,000.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
sell at zone - intraday- expecting small fall from the zone .
- good for intraday trade
ENTRY
- entry is strictly inside the zone
- look for confirmation in smaller time frame ( 15 mins preferred )
TARGET
- use fibonacci retracement on C to latest swing high
- mark 0.236 fib value as target
STOPLOSS
- if daily tf candle close is above the zone .
ignore
- if u didn't get confirmation inside zone , ignore this pick
- if daily timeframe candle close is above this zone , this pattern become invalid and ignore this pick
XAU Fake Forex ForecastWelcome one and all to another bullshido episode of fake forex forecast.
After a 2 weeks break in the magnificient sunny island in my dreams, lets wreck some havoc on the chart.
This morning correction distro phase threw alot of buyers in disarray, creating a nice range from a sluggish monday afternoon blues. Tuesday morning looks like hairy bear movement, with current price already approaching it's EQ.
Looking for a retracement back into a breaker before skyrocketing it up thanks to a speed bump JOLT in the US session later.
To the moon, or burst !
Possible Targets of Nifty Sniperthe detail is shown in the above Chart.
I made this Idea based on Harmonic pattern using Fibonacci tools.
The Crab pattern is a reversal pattern composed of four legs, marked X-A, A-B, B-C and C-D.
Key elements of the Crab pattern:
B point that is a 0.618 retracement of XA or less
extreme BC projection that is typically a 2.618, 3.14, or 3.618
alternate 1.27 or 1.618 AB=CD pattern required
1.618 XA projection as the defining limit with the structure
C point with range between 0.382 and 0.886.
The pattern can display rapid price action movement, and that often results in fast reversals at the PRZ.






















