Potential Deep crab pattern spotted
Support and resistance with modified RSI showing the extreme overbought, give an opportunity to engage the trade for a short. A great area for perfect Reward:Risk however at such level also have the highest risk of getting stop. Is this the trade of you? What if I told you the reward can go as high as 6:1, what is your call? Comment down below.
News today made all CAD pairs take off so need to be careful before jumping into completed patterns. Should regardless. Like always, waiting on price action to show reversal candlesticks and momentum to start coming down. If so, should get a nice shorting opportunity here.
A multiple completion at a similar range. Bullish Gartley and Bullish Deep Crab on the 4-hourly timeframe and bullish Shark on the 1-hourly timeframe. What will be your trade plan? I have modified both stops and targets if you are interested to know, then you have to join our community. Check out (3)
A deep crab pattern has formed and identified by my system, HPA. It looks a bit weird here as the data feed causes Point B to be off by a bit, check your data. Trade has already engaged and I'm doing target extension for this trade.
Price Action here is not clear so be careful with your trade execution. You can watch for long entry after price break the resistance trendline of falling wedge, then set stoploss below the completed point D and set targets into zones on the chart. Good luck
A bearish deep crab setup on a trend trading opportunity of the higher timeframe. Will be waiting for the retest of the high and engage the trade. The second target extended.
A deep crab pattern act as a countertrend trading opportunity with RSI Divergence. Trade already engaged but meeting the major support might cause resistance on the trade.
- Point-B validated. - Point-C valid until it breaks 88.6% of AB + Ascending channel pattern indicates uptrend until it breaks the support + Stop loss is your friend + Take profit depends on your risk appetite Harmonic Butterfly Pattern: Point-B | 88.6% of XA Point-C | 38.2% - 88.6% of AB Point-D | 161.8% of XA PRZ | 261.8% - 361.8% of BC Failed setups: () ()
Had to share this chart Deep crab hit TP1 and started to reverse, only to reveal the potential cypher in play This could be a potential fake break out, but only time will tell. Dont forget to like the post and state your comments below Thank you for reading God bless and happy trading
There's a Bearish XABCD formation highlighted on the chart, Along with an ABCD ending around $132 Expecting a pullback to $133 where Phantom Midline should act as primary support. Indicators used. by @coinobsalgos XABCD Scanner Phantom Script
$RVNBTC, Bids: 290- and 280 Target 1: 319 Target 2: 383 Target 3: 511 Logic: 1. Phantom Channel indicator showing bottom, 2. XABCD Scanner showing a deep .618 which is the deep crab pattern discovered by S. Carney Indicators in use by: @coinobsalgos
This pattern still in play Dont forget to like the chart God bless
So its been a while since I shared this chart TP1 has hit Price moved back up and the market provided another opportunity to enter this trade Dont forget to like the chart and comment below if you have any ideas or questions regarding the trade God bless
A Type2 bearish shark setup for a trading opportunity, looking to stack trade and trade further for target extension. This may provide very good Reward:Risk (RRR)
Here is a bullish crap developing Hvis mønsteret går over 200% XA retracement vil prisen højst sandsynligt presse sig højere inden faldet TP1 197.84 TP2 163.32 SL: 323
A bearish deep crab pattern type2 setup for a countertrend trade. This round, even better it returns with a double top setup with RSI Divergence. How good is that right? I will need a further confirmation before I engage this trade. A setup like this will take months to complete.