GBPUSD has broken and closed below the channel, trend traders can wait for a retest of the channel for a shorting opportunity. Counter-Trend Traders can wait for the market to consolidate at 1.2796 and wait for a 3-bar reversal to long based on the Bullish Crab Pattern.
As you can see, In NSE:ICICIBANK 15 min time frame, CD leg of Bullish Deep Crab Harmonic Pattern is about to complete. We can see reversal from the level of PRZ. Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi...
EURUSD is still quite bearish. There is a Deep Crab setting up close to the high of last week. Waiting for a double top to sell. The stop should be above last week's time.
Deep crab setup to buy. candlesticks shows intention to buy. I personally believe it would go to TP2, but with TP1 we can close trade or take partial profits.
Quite a ride... I suspect we are getting close to the bottom unless the Apocalypse is coming. 2 Harmonic Deep Crabs forming with different terminuses depending on the X point. Deep Crabs have a habit of going on longer than expected so let this play and break the arc to the upside first. So monitor for now. As always keep an eye on world markets and...
We are at a weekly, daily and 4hr level or resistance after completing a bearish deep crab
We have reached a strong weekly area of resistance, which also happens to be an extended bearish deep crab
Hello traders. I see GARTLEY or BAT pattern and DEEP CRAB pattern on XAUUSD D1 chart. Good luck everybody.
Hello everybody! So, after shorting on daily timeframe, and saving my ass on 4H chart :D I'm again for - shorting. Or buying JPY, whatever sounds better for you! Thing is, at least how I see it, GBPJPY will soon touch Fibonacci 1.618 (around 144.38). When? Well, it's a billion dollar question. However, I'm convinced that it will happen in the next 5-10 days. At...
The Deep Crab Pattern™, is a Harmonic pattern™ discovered by Scott Carney in 2001. 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 at the B point unlike the regular version that utilizes a 0.382-0.618 at...
FX_IDC:USDINR could form Deep Crab harmonic pattern if the price would cross point B (75.026) level. The PRZ (price reversal zone) would be around point D (77.33). One can ride the trend till D once It breaks B level or One can play the reversal once it reaches D.
Soon we will be Breaking down through the Demand Line and Triggering a BAMM down to the logscale 1.618 extension of a Bullish Deep Crab
Hello traders this is my idea about audjpy H2 with price action and harmonic pattern method as you see we have a rising wedge at the end of the downtrend and the price came back from resistance line and resistance area also I think we have a harmonic pattern here that name is deep crab ( although it's not a ideal deep crab but In my opinion I can consider it as a...
We have a Potential Logscale Deep Crab BAMM that will be Confirmed once we break down below the level of B; Upon breaking through B our downside target will be the Logscale 1.618 Fibonacci Extension Below which will take us all the way down to approximately 2.5 cents.
PVR at prz of deepcrab and cypher, forecast for cypher as target
Last week EU completed a deep crab pattern and reversed. Today, fundamentals fueled the rise as Deutsche advised clients to buy Euros after a hawkish stance by the ECB. However, the harmonic framework suggested a long before these comments.
Hello everyone. I was looking at FORTH/USD and seems to me that we have put a temporary bottom or even a final bottom. As you could see, there are 2 factors that give me confidence we are ready to move up. 1. The completion of a wave 5 sequence and 2 the completion of a bullish deep crab harmonic pattern. I except an explosive coming soon. My targets are 1) $17,...
Check if u want to take less risk to move SL to a lower level. I have a OD in Weekly and impulse completed for a retracement here.