Hello, traders!
Here we are looking at a bearish 5-0 on the 4H chart with AUD/CHF.
As price continues the trend down to C point, we can expect price to reverse and make its way to D point.
Risk Ratio - 1:4
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Here we are looking at a bearish 5-0 on the 4H chart with AUD/CHF.
As price continues the trend down to C point, we can expect price to reverse and make its way to D point.
Risk Ratio - 1:4
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.