5-0 Pattern
JCPenney - Worthless piece of junk Money had been flowing out of this asset since 2012.
Harmonic target is below $0 dollars.
EUR/ USD Here on the Euro Dollar we have a shark pattern. Since i see this market being weak against the dollar considering the DXY (dixie) is floating around 100 and the EXY is in a strong bearish channel. i am still bearish against the royal pairs. So with that being said i would only target the 50 and wait for the 5-0 pattern to form to finish off the correction.
#RISKFREEORBUST
OANDA:EURUSD
TVC:EXY
TVC:DXY
GBPCAD 5-0 vs TrianglePrice has completed the 5-0 pattern but can not find buyers. On the other hand, there is a tri-angle forming which looks like will break down.
We'll wait for the battle and pick the winning side.
Like and comment if you find value in our analysis.
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.
AUDUSD: bearish 5-0 patternIn this chart we see a bearish 5-0 pattern. The yellow rectangle highlights the PRZ consisting of 50-61.8% retracements.
RSI is showing bearish divergence at a 127.2% extension of the previous swing, confluence by 50% retracement from the 5-0 pattern PRZ.
Good luck to all trading AUD/USD !!
eurcad buy to CONTINUE Eurcad as completed the correction pattern, the bullish trend resumes.
If you find this analysis helpful kindly like and follow.
Thank you
Trade Ideas Position: EURJPY 5-0PatternA 5-0patterns has set up for a ranging trading opportunity. I'm waiting for a 3-bar reversal to engage this trade.
Bearish SHARK Harmonic- BTCUSDThe Bearish Shark Harmonic can play out with swift gains to the upside after the C wave. As we have seen and BTC has a bit more 30% in gaisn to go. However, this could also be a BULLISH 5-0 Pattern but its too soon to call that right now.
Buscamos ventas pre-mercadoFX:AUDUSD
-Analisis de Ondas de Elliot.
-Analisis h4 en proceso a completar Onda 5.
-Analisis H1 Buscamos la confirmacion de la onda 5 con una divergencia en el MACD entre la misma y la Onda 3. Por lo menos a por 100 PIPs si se da esta Operacion.
Exitos para todxs y que Terminen bien su fin de semana.
EURUSD buy tradebased on harmonic pattern completion we will buy to 50 or 61.8 fibonacci level. before we resume the sell.
5-0 Pattern not complete yet but caution from virus lockdowndon't wanna make further technical but incase counter buy happen and confused by rate cut 100 bps, huge dump DXY, it may not complete or complete depends next week :D
Weekly Analysis:Retrace in 0.23 Then Bearish to Touch 0.618The 5-0 pattern is easily one of the wonkiest looking patterns.
Depending on where you are at with your knowledge of harmonic patterns, the 5-0 will look foreign. And this is primarily because the 5-0 Pattern starts a 0.
EuroUSD Walks on Fibo Level From 0.23 to 0.618 Fibo Level
Trade Ideas Position: EURUSD BatA bullish bat setup with confirmation, trade has already engaged for this amazing setup as a trend trading trade.
I will extend my second target as on the longer term it is a bullish setup. Check the link below on my previous analysis.
If you love to get those level check out link(3)
AUSTRALIAN DOLLAR / CANADIAN DOLLAR (AUDCAD) DailyDates in the future with the greatest probability for a price high or price low
Bullish 0-5 PatternThe Bullish 5-0 starts at the 0 point, representing an extended down leg to begin the pattern at X. The initial point X acts as the low of this prior substantial decline. After a quick reactive bounce to the A point, the structure abruptly continues the decline, only to find support slightly past the prior low at X.
Trade Ideas Educator: EURJPY SharkA type 2 bearish Gartley, bearish shark, AB=CD pattern on the 1-hourly chart within the daily chart 5-0pattern, with all these patterns converge at the same range used to excite me, but now is just another trade.
Why is that so?
Have I achieved Zen in trading?
Well, no. It's because somehow when I see 3 patterns converge at the same point, it usually doesn't work, at least from my experience.
Nevertheless, I will be waiting for candle confirmation before I engage the trade.
Formation 0-5 Harmonic PatternThe detail is shown in the above Idea.
this pattern confirms Break euro .
DAX: where to start short againLittle bullish correction movement for #DAX
8850 could be a good level to start selling again
GBPCAD LongGBPCAD could be Long:
- Previous Impulse
- 61% Fibo
- Oversold Indicators
- Wave pattern
Entry point NOW (or wait for 1.736)
SL 1.725
TP 1.78
