Bearish 5-0 Pattern - Elliott Wave Analysis
The 5-0 Pattern has the following ratios.
A no specific retracement level
AB leg extends XA leg between 113% – 161.8%
BC leg extends 0X leg between 88,6% - 113% 113%
BC leg is also an extension of AB by 161.8% – 224%
CD leg should to be 50% retracement of BC
The first part of 5-0 Pattern is Shark Pattern.
The A-B-C leg of Shark Pattern is in Elliott Wave (w) - (x) - (y), legs of Wave A from Flat Correction
The second part of 5-0 Pattern is Shark Pattern is D.
D leg in Shark Pattern, in Elliott Wave is Wave B , leg of Flat Correction
That is mean after B we are waiting Wave C and then PRZ
A no specific retracement level
AB leg extends XA leg between 113% – 161.8%
BC leg extends 0X leg between 88,6% - 113% 113%
BC leg is also an extension of AB by 161.8% – 224%
CD leg should to be 50% retracement of BC
The first part of 5-0 Pattern is Shark Pattern.
The A-B-C leg of Shark Pattern is in Elliott Wave (w) - (x) - (y), legs of Wave A from Flat Correction
The second part of 5-0 Pattern is Shark Pattern is D.
D leg in Shark Pattern, in Elliott Wave is Wave B , leg of Flat Correction
That is mean after B we are waiting Wave C and then PRZ
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