Bullish Deep Crab on EUR/USD 1HR/4HR 3:1 Risk Reward, Tight PRZ hence the small stop loss, with huge potential to ride to the 318 fib
Hello Traders, I have spotted Deep Bearish Crab Pattern on AUDNZD. I have highlighted Potential Reversal Zone (PRZ) for short entry. Here, PRZ is made of 1.618 XA, 1.618AB and 2.24BC Fibonacci ratio confluence. I am expecting that price will resist in this area and reverse. This potential trade has a risk/reward ratio of 1:2.4. Follow this idea for further...
bullish deep crab on EURCHF buy @1.0650 TP1 @1.0730 TP2 @1.0826
Dollar peso SL below D (20.4336) entry 20.6800-20.7000 targets 21.2060, 21.5292
STAY BULLISH on this WEEKLY C-D leg breakout up to MINIMUM 1.618@204. I've been discussing these targets for months (INDU=20,500 Minimum) HARMONIC TRADER TIP: In Crab+DeepCrab patterns, EMPLOY THE 1.902 extension, especially when the trend is strong. The trend is STRONG so look for DIA to reach for 214.50 area for this situation.
Price reversal zone comes at the 61.8 of the uptrend, The Deep Crab Pattern™, is a Harmonic pattern™ discovered by Scott Carney in 2001. harmonictrader.com The critical aspect of this pattern is the tight Potential Reversal Zone created by the 1.618 of the XA leg and an extreme (2.24, 2.618, 3.14, 3.618) projection of the BC leg but employs an 0.886 retracement...
The deep crab pattern will complete at 11328 level and the previous structure also works at this zone. So it may be good to sell short at 11280-11430 levels when price action gives signals in the PRZ. SL:above 11430 TP1:10840 TP2:10400 and further more
Deep crab (blue) completes at 113.411 in conjunction with kaine pattern I posted earlier. See link
I hope everyone had a great weekend! The markets are looking as good as ever! Today, to start off the week, we have NZD/JPY on the 1W chart. This is looking great for the long term! In the up turn of the market, we have been hitting some resistance the past couple weeks. At this point, we are seeing the completion of a BULLISH 5-0 and a BULLISH DEEP CRAB...
Next up is the indices, I remain bullish on the S&P index. Do not chase the high, buy on retracement around 2274 with targets up at 2350. (Linked to my previous post on a bearish crab pattern on S&P) SL will go just below previous low. EP: 2185 SL: 2075 (110) TP: 2350 (165)
Deep Crab pattern 88.6 retracement of XA and 61.8 of AB. D point is at BC extension 3, AB = CD 2 and XA extention at 2.272
Hello guys , First of all sorry guys for this crowded chart but couldn't do it better than this but dont worry i will explain. So lets go !! FIRST , EURUSD is forming expanding flag in higher time frame , 12H-D, The light orange Pattern is called Deep Crab, and it will happened before the blue Pattern . Deep Crab Rules : AB=0.886 XA leg CB=0.382; 0.886 AB leg ,...
Happy New Year everyone. This is my first trade for 2017. I see 0.7300 as a strong resistance and this is further confirmed by a deep crab pattern setting up. The trade is now triggered. My entries are shown below. I will target the 0.7150 level for the final ticket. Ticket 1: Direction: sell Entry price: 0.73 Stop loss: 0.7335 (35 pips) Target: 0.7260 (35...
Price has climbed and reached a slide parallel of an active upsloping pitchfork, which previously has acted as support. At this resistance level we have the completion of a bearish deep crab pattern. Sl and tp as shown at the chart.
Hello traders we are near the completion point D of deep crab reversal pattern , Please wait for good entry setup which matches your strategy and make some profit Our first target will be the 38.2 Retracement Our second target will be the 61.8 Retracement
Here we have a beautiful high probability bullish setup A nice bullish Deep Crab pattern Potential Major price rejection at 1.00000 Potential target 1 above the Minor price at 1.03319 Trade safely guys ! (For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)