Here we have a possible bearish crab forming on the NZD/JPY 4h chart. This post is a based on @lewisglasgow 's previous post on this pair. Different pattern, similar measurements. This is one may be a long shot, but the price has broken out of the current descending channel that started at the beginning of the year. The measurements for a valid crab pattern...
I love the weekend. Markets aren't moving. It gives a technical trader quality time to analyze as many pairs as they desire with little to no rush, while examining all possibilities of price movement. Today, we have a bullish gartley and crab on the XAG/USD 1h chart. With both pairs we are watching for the price to drop in the next few days. I would say the...
Late post....I know....Things got away from me this week, but I found this on Saturday night. Valid measurements for a Shark Pattern: C: 1.13 - 1.618 ---> (1.258) D: 1.618 - 2.24 ---> (1.618) Final X to D: 0.886 - 1.13 ---> (0.886) About 40 pips profit right now....lets see where this thing goes Instagram: _c_schultheis
Here, we have a Bearish Crab on the 4h chart. Valid measurements for a Crab pattern: B: 0.382 - 0.618 ----> (0.586) C: 0.386 - 0.886 ----> (0.859) D: 2.24 - 3.618 ----> (3.049) X to D: 1.618 ----> (1.618) Also, we have a trend line running under C and D point. The second trend line that is barely visible, shown just above D point, is part of a descending...
Today, we have a look at the EUR/GPB on the 4h chart. It seems as though a BEARISH BAT pattern is beginning to form. The valid measurement for a bat pattern are as follows: B: 0.382 - 0.5 ----> (0.416) C: 0.382 - 0.886 ----> (0.7) D: 1.618 - 2.618 ----> (2.609) X to D: 0.886 ----> (0.886) This pattern has formed after breaking out of the ascending channel that...
This is my first post! Today, we are looking at what I believe to be a Reverse Head And Shoulders pattern. It looks as though it has hit a reversal and it touching back to the neckline... If it hits a reversal at the neckline, we can look to putting in a buy position