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AUD/USD - Bullish 5-0
Australian Dollar / U.S. Dollar
Long
AUD/USD - Bullish 5-0
By LewisGlasgow
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Feb 24, 2017
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Feb 24, 2017
I'm back with another 5-0 pattern but this time on the 4h timeframe with AUD/USD.
Price is currently completing the C point in between the 1.618 and 2.24 extension but it could push up further before making a move towards the PRZ.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
I hope you all have a brilliant weekend!
5-0 Pattern
lewglasgow
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