A deep crab pattern on the 4-hourly chart suggest a potential countertrend trading opportunity on a type2 setup. What's better it came in with an RSI Divergence on a double top setup. I'm waiting for further confirmation to engage this trade.
The projected developing Deep Crab completed almost at the exact price forecasted. Intra-day this pattern looks interesting. Clusters at 1456 and 1463 indicate these as ideal targets. Make sure you give the chart a like and dont forget to leave a comment Good luck to all trading gold God bless
This pattern is developing and will complete around 1451.5 Once complete price is expected to rally up Dont forget to give the chart a like and comment below with your thoughts regarding the analysis God bless and good luck to all trading gold
The Bearish Deep Crab failed and turned into a Bearish Bat on a higher dimension. Potentially still some more upside before the initial swing down. Dont forget to like the chart and thank you for reading the short analysis! God bless
I was re-watching Scott Carney's video on the Deep Crab when I noticed something. The software he uses pinpoints the precise B point, as opposed to the peak. So I thought I would look at both. The left side is if you were to project the B point off of the XA - 0.886 @ 3004.51 and the right is simply from the swing high. There are three distinctions I...
A bullish deep crab setup on the 1-hourly chart on NZDJPY has a deeper entry of the 4-hourly 5-0pattern. I will be observing how the market react at 5-0 pattern completion to decide if to engage the deep crab pattern and may even extend the target deeper.
Awaiting confirmation for this one. Scouting this on the lower timeframes have led to several short positions. Still potentially looking to go long around 23.6% CD retracement God bless
A deep crab pattern as a sideways countertrend trade has engaged. Overall movement of CADJPY seems a bit whipsawy but it is still a side way setup. RSI has extremem overbought and is well resisted on higher timeframe.
Find an entry between 73.9 - 73.4 and go short on AUD/JPY.
A bearish deep crab setup for a trend trading opportunity on the daily timeframe. Having this countertrend setup on the 4-hourly timeframe does stage a great trend trading opportunity for the higher timeframe.
Copy positions from the chart.
Wait for entry after break-out.
A complete Harmonic Pattern (Deep Crab) is confirmed so I think it is the perfect time for a long position as shown.
Hi there, It has been a long time did not post anything lol. Recently Oil and Gold has been in large daily swing play as the market mood swtiching risk- on and off enviroment because of trade war tension plus potential global recession. Due to the fact all central banks around the world start cutting rates, investors starting get panic which jumped into safe...
Bitcoin's future probability if the downtrend fails