USDJPY just broke the 113 psychological resistance... so I'm looking at this Deep Crab formation. Lets wait and see...
USD/JPY is currently forming a bearish deep crab pattern on the 4h chart, providing a trading opportunity with a 1:2.6 risk to reward. The measurements for a valid deep crab are detailed below. B: 0.886 C: 0.382 - 0.886 D: 2.0 - 3.618 X to D: 1.618 Keep this on the watch list! Price has just confirmed the PRZ. Thank you for your support everyone :)
H1 forming a Type 2 deep crab formation, what I love about this deep crab is that it does provide 1. a Shorting opportunity to by next bullish entry 2. RSI Div 3. Retest which is known as type 2 but Target1 not yet attained! Exact Entry, Stops and Target will be share to my inner-circle.
Bearish Deep Crab pattern has been completed. You can take this pair short now, refer to the main chart for SL and TP levels. Any updates will be available when needed below. cheers and happy trading
The pair completed a Deep Crab pattern
A Deep crab formation form on Pt D and I've just engaged it. H4 Chart shows a great resistance to the setup, reasonable reward:risk and actual levels are shared to the inner-circle. Happy Trading.
Market is currently in down trend it could be a bounce of pattern completion.
Bat Pattern confirmations: - A-B must touch 0.5, but cannot touch 0.618 - B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236 - D completion at 0.886 (Fibo X-A) - Take profits at 0.382 and 0.618 (Fibo A-D) - Third TP would be long term back to where it all started Deep Crab Pattern: - A-B leg can retrace anywhere between...
Confirmations for Deep Crab Pattern: A-B leg can retrace anywhere between 0.382 up to 0.618 B-C leg can retrace 0.382-0.886 of AB leg C-D is an extension of up to 1.618 of XA leg Take profits at 0.382 and 0.618 (Fibonacci D-C). We can see there's a Double Top for higher high confirmation and bearish initiation, which MACD shows divergence as it doesn't have...
Bullish Deep Crab Spotted and trade engaged after confirmation. Actual Targets and Stops shared to inner-circle group.
My contribution: BUY BUY BUY!!!!! Enter to the DeepCrab (didnt draw it) If you like my ideas please hit Like, leave a comment, share them and follow me for more! Educational only (Na, this time is a BUY) GoodTrade -CJ-
A shorting opportunity presents itself on this Deep Crab setup. Deep Crab often present a healthy Reward:Risk and to top it up, it does have an RSI Div when the market Double Topped. Look left, there's structure.
A Deep Crab formation often forms a healthy Reward:Risk, in addition, RSI Divergence is formed add on to the attraction of the trade. Guess what, look left there is a structure, there is. Look at the block of consolidation.
The Deep Bullish Crab pattern is complete on the daily chart of this asset. Harmonic patterns are difficult to spot and when they do form particularly on the long term time frame they are of high probability and quality patterns. This is just my analysis for you to see and make the decision based on your personal analysis! It is by no means a trade signal as i...
Our other process is about to reach its goal. Potential Formation Deep crab 3.618 after than HH+HC and Long Time.. We do not open the transaction until the formation is complete ! ! !
Yes, it is a H4 Deep Crab Formation, and I'm looking for confirmation signal on H1 chart. Let see how this form up.
Wait for candle to leave PRZ to Long.
Deep Crab spotted. Wait for Trade confirms at PRZ to long.