Hello, traders!
Today, we are looking at a bullish 5-0 on the 1D chart with USD/CHF.
With price breaking out of the descending wedge, we can look for the market to make its way to C point.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Today, we are looking at a bullish 5-0 on the 1D chart with USD/CHF.
With price breaking out of the descending wedge, we can look for the market to make its way to C point.
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.