The RSI is peaking above the oversold zone after confirming a Bullish engulfing and very nearly confirming a 3 Line Strike at the PCZ of a Bullish Deep Crab. I do not normally enter stocks like this, but seeing how cheap this stock is and how the market cap is only $5 Million, yet the annual revenue is more than half of that, along with the fact that there is a...
BlackBerry is attempting a spring-and-back-test-of-spring at the bottom of the range that it's been trading within since 2012, and the level happens to align with the PCZ of a huge Bullish Deep on the left, to which it has reacted once before, and on its way to testing the zone a second time and back testing the spring. It's also formed a smaller, more localized...
📍 Don't miss out on the ongoing bullish trend – a perfect opportunity for trend traders! Wait for confirmation before entering the market. 💪 ⏱️ Spend just 15 mins a day for lucrative trades! Join our community to learn effective strategies. 📚👥 📉 For counter-trend traders, keep an eye on the harmonic bat pattern at 1.2951 for a potential shorting opportunity. You...
Hormel Foods is trading within a Falling Wedge as it Bullishly Diverges at the PCZ and the Earningss Date approaches. There is also a Bullish Piercing Line on the Daily right now.
As some of you may recall, I've been seeking a buying opportunity on the AUDCAD for the past few weeks. My motivation for this is the Bullish 5-0 pattern setup that has formed on the Weekly Chart. I've been exploring various avenues to enter into this buying opportunity, and currently, two options are available. Firstly, we can wait for a candlestick pattern...
Upon analysis, there are multiple factors that indicate a potential buying opportunity for AUDCAD. Firstly, the bullish 5-0 pattern on the Weekly chart was identified and discussed in my previous report. Secondly, various trading strategies have also pointed towards a buying opportunity. For example, the 4-hourly chart shows a tested support level at 0.8954,...
This one doesn't really have any Divergence Variables going for it nor is it really at any form of Support but it is breaking out and backtesting an okay looking Falling Wedge and has completed a decent looking Bullish Deep Crab while being oversold on the RSI and that's enough to catch my attention; if it were to make a common 0.618 retrace from the previous...
Jasmy looks like is completing a double harmonic pattern. A harmonic within a harmonic. We may be in the mist of a VERY large move on Jasmy. We shall see!
Hi traders, watch GOLD with your own according strategy and look for a long position opportunity for a short term trade setup GOOD LUCK.
The Bullish Deep Crab Pattern on the Daily Chart might not form up, and even if it did, it might not be ideal. However, if you have long based on the counter-trend trade on the Bearish Parallel Channel, congratulation is in place.(check out last week's chart at the bottom of the tradingview link). Alternatively, you can wait for the Bearish Shark Pattern on the...
Trend traders could wait for the market to retest on the upper trendline of the bearish channel for a shorting opportunity. Counter-trend traders could wait for candlestick pattern confirmation to long EURUSD based on the Bullish Deep Crab Pattern that completes at 0.9928. However, long at 0.9928 means that Euro went off parity with the Dollar and that might...
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.
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...
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,...
Potential Bullish Deep Crab pattern forming on EUR/USD. I think we're about to bottom for a while. I think we are in wave 2 of a much larger wave 3 as well. The US dollar relative value(DXY) is about to top off. A much larger wave of inflation coming to the US, Maybe even temporary hyperinflation.
There is a bullish flag pattern on the USDJPY daily chart, however, I'm looking to buy lower the the flag pattern and engage the buying opportunity on the Deep Bullish Crab Pattern's HOP level that completes at 112.65.
Having the Weekly Support level 1.3606 turns into the Key Resistance Level, GBPUSD is set for a ride down for the foreseeable future. I'm waiting for a shorting opportunity when the market retest 1.3606. Another shorting opportunity could be the bearish trendline that went across Point A to Point C on the Emerging Bullish Deep Crab Pattern.
ONE, Harmony, 4h: out of the sands of this bullish deep crab emerges a triple bottom with bullish convergence. Brick wall at 13.5 cents with MACD flippin green and RSI keeping bullish control zone. The overhead Fibs can be extended to 2, 2.618, 3, 3.618 & 7. This is trading 101. Enjoy! leave a comment if you feel so inclined.