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EURUSD Bullish 5-0 Harmonic Pattern
Euro / U.S. Dollar
Long
EURUSD Bullish 5-0 Harmonic Pattern
By Patrick246
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Updated
Nov 22, 2017
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Nov 18, 2017
A potential 5-0 pattern may be developing on the four hours (H4) charts of EURUSD 0.16% . This is something to monitor for next week.
The harmonic ratios for a valid 5-0 pattern are detailed below.
Initial impulsive reversal at X A
B: 113.0 - 161.8%
C: 161.8 - 224.0%
D: 50%
Nov 22, 2017
Note
Missed my entry by 5 pips and now it is 100+pips :)
Nov 22, 2017
Order cancelled
Harmonic Patterns
Patrick246
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