the Best Risk reward trade for next week - UsdJpyUsdJpy 5 waves up, and now busy with a WXY correction
Whilst above that invalidation level, this could be a very good trade for next week.
Equal Legs comes in at the 61.8% Fib level
5-0 Pattern
UsdJpy - Bullish PatternsUsdJpy, after the bearish shark pattern comes the bullish 5-0 harmonic pattern.
We are buying at market price due to the Bullish impusive wave from the lows in 5 waves
Target will be 105.5, whilst above invalidation level 102.50
JSE trade of the month - Bid CorpSo Bid Corp (JSE share), completed a bearish shark pattern.
And after a shark pattern comes the Bullish 5-0 harmonic pattern
Bullish 5-0 Pattern suggest a vuy entry on the 50% retracement of the move @25529
We should see new highs coming soon, target should be 30000 and 32000
Also note the 200 moving average , just bounced off that level.
Invalidation level comes in at point C, 22000
NZDJPY First analysis of the new year. An ABCD setupWe left behind a tough year for all of us, and we hope that the new year will bring you all health, happiness and success.
The first analysis of the year is an ABCD formation.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
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.
CADJPY - 5-0 Pattern PTL(1Jan2021)CADJPY has this beautiful 5-0 pattern that respected the HOP(Harmonic Optimal Price) Level and hit a bullish trend within the PTL(Profit Trend Line). Late boomers that didn't get to engage the trade can consider to long once the candle touches the trendline but not breaking and closing below 80.55.
SRPT currently short - SHARK compete - developing 5-0 PatternManage your risk.. Short SRPT via Put options. Target to 153 to complete 50% retrace and then higher.. pattern qualifies...
Happy New Year!!!
CADJPY - 5-0Pattern Check-BackA 5-0 pattern check back on CADJPY provided a trading opportunity for trend traders. Although it is not a rosy situation especially when the candle touches the HOP level, it certainly gives great returns.
between three drives VS 121 patterns at Guppy 151220between Bulish three drives VS Bearish 121 patterns going 136.00
EURGBP A Five-0 SetupLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Credit: FxFogy
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.
GBPJPY - 5-0 Pattern?Since the shark pattern is not really formed, is this a 5-0pattern for you? In trading, it's endless research, testing and journaling. Let's see if there's a buying opportunity on this setup and if it manage to retest Point D in the coming week.
NZDCHF Holdo Harmonic PatternThe pattern ve developed is being completed at 1.63 level. Using it with limit orders.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Credit: BurakBY
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.
NZDCAD A 5-0 OpportunityLike and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
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.
GBPJPY - 5-0 PatternA 5-0 Pattern set up for a counter-trend trading opportunity. There's a trendline that can help you to gauge the movement of the setup, breaking and closing below the trendline weakens the uptrend movement.
NZDUSD - 5-0 PatternI'm waiting for a retest to the previous support level at 0.6636 for a buying opportunity as a Harmonic Patterns 5-0 Pattern. If the market retraces back to the bearish shark pattern setup, I will then look for a shorting opportunity.
Flash Crack to $8900 ?Hi
I'm expecting huge volatility in the next fex days.
Covid crisis still in play and US election on 3rd Nov.
Likely 5-0 Bullish at $8900.
$5000 from recent top. I like round number ;)
USDJPY A Five-O Pattern SetupWe're following a 5-0 completing at 105 level sharp.
Credit: ogutrader_64
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
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.
FCPO - The deck of 2800 The price of FCPO climbed above 3000 after it failed to establish the reciprocal head & shoulder from the previous call. Price touched the supply zone (violet box) again. However price rejected and fell to 2800 psychology level.
In a short term view, the price may hovering with a bullish 5-0 harmonic pattern identified supported on the level of 2800. A potential to go for a long order if the price action tested the stop and reversal toward the range of 2800 - 2836 (Smaller blue box) with a first target price of 3004 and second of 3051.
BTCUSD: Daily Chart BreakdownI am getting a feeling that there could be a 5-0 correctional harmonic formation in its maturity phase, currently. It can also be viewed as an inverse head and shoulders pattern. The highlighted harmonic pattern is the 5-0 pattern with the X being the 1. TV doesn't have a tool for 5-0 patterns, so the Cypher tool is used which lacks one leg. The highlighted projection of price is regarded as a rough estimation of this pattern's completion. The pattern is usually seen during a post correctional phase, where there was a rather hard sell-off (a strong upthrust in a bearish version), which was followed by a V type recovery. When this V type recovery is being corrected as much as 38.20%-50.00%, that's where you anticipate entering into short risk exposure.
EUR/USD BuyReciprocal AB=CD in the end of (0-5) pattern.
this trade with high risk please trade with Risk Reward rule
