Crab Pattern with Stochastic Divergence, and Bearish Wolf Wave trade Monday 18-5-2009 EURUSD 15Min Crab Chart Pattern Confirmed with Divergance This pattern started Wed 19-5, it's a crab chart pattern, the first pullback wave stopped at 38.2 Fibonacci level, and the second pullback level stopped at level 78 before a big bullish wave start to go. Like you see in the image below this pattern confirmed with a divergence in the stochastic, if we had a look in the chart below we'll find that in the last point before the bullish trend starting, there was a chart moves didn't confirm with the stochastic, in general stochastic suppose to follow the up and down charts moves, when the stochastic didn't follow the charts moves, it means that the charts will follow the stochastic in the next move, which give us a chance to confirm the pattern and take the proper action.       EUR/JPY Bearish Wolf Wave in 15M May 21, first wave started at 5:55AM, one of the most advantages of trading using Wolf Wave pattern, that it needs 5 waves to get the conformation, which means that it's very rarely to get that 5 waves without getting a successful trade, the most important thing is how can you recognize the first 4 waves to get ready for the trading. To recognize the Wolf Wave pattern, there must be a harmonic relation between points 1,4 and 5, all must be in the same Fibonacci level, could be 1.27 or 1.61, then the point No. 4 should be below point No. 2. Of course this not all about Wolfe Wave, there are more, and we'll try here to give you all the waves requirements step by step and as we go in the trading. Check our Forex Chart Pattern Calculator Recent Articles Recent Trades Elliot Wave & Charts Pattern Elliot wave is one of a very successful and common method of trading, it depends on the psychology of the traders Best Forex Brokers List of best forex trader, read review and information about forex brokers, you can learn more from our tips and tricks section.  Valid Gartely Gartely pattern started to form, it's a bearish one, started with a strong impulsive wave Perfect Wolf Wave Chart I want to start this weekly recap with this perfect Wolf wave chart, this chart impressed me  Perfect Chart It's rarely to see a pattern obeyed the rules just as written in the books, check this one. Watch 123 Formation in the End of Elliot Wave 123 formation is one of the patterns that works and accurse frequently, you'll find it in the end of Elliot Waves Elliot Wave Ended with a 123 Formation 123 formation is one of the patterns that works and accurse frequently, you'll find it in the end of Elliot Waves Confirmed Pattern with Divergence It's a crab chart pattern, the first pullback wave stopped at 38.2 Fibonacci level, and the second pullback level stopped at level 78 Free Trading System This simple system is working based on an indicators pattern, when you recognize the pattern in the indicators, it'll be easy MT4 Back testing Generate a history data for your system to make sure that system works fine with you Save your pattern trade from failure Recognition charts is not enough to trade successfully, Trades with Divergence confirmation there was a chart moves didn't confirm with the stochastic, Day Trading Updates Check the latest and current chart pattern we have