There is a nice confluence area for a Bat and Crab pattern to complete, so would be great to sell around 0.9385 and place two targets at key support levels. Stops could be 5 to 10 pips above Crab's D point or above Bat's X point, depending on your risk and money management. Good luck!
Entry on double bottom H4, looking for bearish crab completion @ 3.373. Fib. cluster of ext. (113 127.2 161.8). Embedded ABCD.
Bearish deep crab harmonic pattern Short AUDNZD 1.1070-80 SL 1.1130 TP 1.0900
In 4H Chart, we see formed bearish butterfly pattern (RED one) and in the other hand, we still waiting for the formation bullish cypher pattern.. if we look at 15m, we can see bullish crab formation confirmation around 101.920.. so in my opinion, if the price go down , it will go down to 101.920 then we will see bull action will hit my 1st tgt (i will post my 15m...
After the first short on ABCD to breakout line, AN rallied to the 161.8 & 141.2 fib. ext. confluence (overlap) for another short, perhaps back to ABCD completion. The bearish crab is still possible @1073.
I have enter on this. But i think that the market will probably enter a range market after a retracement.
This pennant on the ret. could lead to more downside. Early to say, but if gold breaks the lower TL a possible bullish crab is waiting @1247
CADCHF is in a DOWNTREND. Now is in an intermediate up channel, breaking out of an inverse h&S (that another trader kindly posted) and looking strong UP. One:One AB=CD ends at a supply demand zone and 70.7 fib retrace (labelled 'Second hurdle'). IF...it gets there and above, next high would be the zone labeled 'Deep Crab completion.' Let's see....
just saw this crab forming, decided to put my stoploss over 200% of XA below structure, however if I'll get a 4H close below my entry I'll execute stoploss(price shouldn't be there and definitely shouldn't close below that level - fakeouts are welcome)
3 possible shorts: 1. Short at TL with double top 2. Short at small bearish crab 3. Short at gartley 96 even handle
Despite of Silver failing to create a new high but turning down @19.74 this might be a setup for upside move. 4 possible patterns (cypher, shark, crab, and inverted H/S) showing a very likely bullish move
price shot up today almost breaking highs from 2009, however crab pattern formed, If price violate and close above 2009 highs, I'll exit my position, however, on the chart is how I'll play this pattern if it will decide to reverse and go lower.
$MXWL is at 16 the 113 ext of previous high. The rise begun this year climbing from 4.90 to 14.90. Is this the double top @ 16? Perhaps $MXWL will drop back to 11 before taking of. A rising wedge could be the clue for the short. The 17 is in reach, maybe a spike to 18.
Will ECB allow EU to rise towards the 40 even handle? The fib. showing levels around 40 to be reached. Bullish trend intact as well as the ascending channel.
AUDJPY made a new high but struggling to cont. Although, trapped in a CZ still above the previous high @94.46, the bias is bullish against Yen. Short setups awaiting on completion of the: 1. AB-CD @97.46 2. Butterfly @97.7 3. Crab @100.3, and 4. Big bat @103.25
GJ broke the TL and on it's way to new highs. Possible testing of breakout before rising further to 74 and perhaps 75.