5-0 Pattern
Huge confluence of patterns - UsdChfLooking for buying opportunities
1. at the right shoulder and/or 61.8% fib retracement , invalidation level comes in below the Head of the head and shoulder pattern
2. a buy stop if neckline is broken (green circle), invalidation level will then be at the right shoulder
The 61.8% fib level entry will also be equal legs for the abc correction
Target will be at the 200% Fib Level (equal legs from the head to neckline)
Great risk reward ratio trade
Will update as this trade develops
JSE trade of the month - Bid CorpSo Bid Corp (JSE share), completed a bearish shark pattern.
And after a shark pattern comes the Bullish 5-0 harmonic pattern
Bullish 5-0 Pattern suggest a vuy entry on the 50% retracement of the move @25529
We should see new highs coming soon, target should be 30000 and 32000
Also note the 200 moving average , just bounced off that level.
Invalidation level comes in at point C, 22000
NZDJPY First analysis of the new year. An ABCD setupWe left behind a tough year for all of us, and we hope that the new year will bring you all health, happiness and success.
The first analysis of the year is an ABCD formation.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
CADJPY - 5-0 Pattern PTL(1Jan2021)CADJPY has this beautiful 5-0 pattern that respected the HOP(Harmonic Optimal Price) Level and hit a bullish trend within the PTL(Profit Trend Line). Late boomers that didn't get to engage the trade can consider to long once the candle touches the trendline but not breaking and closing below 80.55.
EURGBP A Five-0 SetupLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Credit: FxFogy
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
NZDCHF Holdo Harmonic PatternThe pattern ve developed is being completed at 1.63 level. Using it with limit orders.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Credit: BurakBY
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
NZDCAD A 5-0 OpportunityLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
USDJPY A Five-O Pattern SetupWe're following a 5-0 completing at 105 level sharp.
Credit: ogutrader_64
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
FCPO - The deck of 2800 The price of FCPO climbed above 3000 after it failed to establish the reciprocal head & shoulder from the previous call. Price touched the supply zone (violet box) again. However price rejected and fell to 2800 psychology level.
In a short term view, the price may hovering with a bullish 5-0 harmonic pattern identified supported on the level of 2800. A potential to go for a long order if the price action tested the stop and reversal toward the range of 2800 - 2836 (Smaller blue box) with a first target price of 3004 and second of 3051.