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5-0 Pattern

Huge confluence of patterns - UsdChfLooking for buying opportunities 1. at the right shoulder and/or 61.8% fib retracement , invalidation level comes in below the Head of the head and shoulder pattern 2. a buy stop if neckline is broken (green circle), invalidation level will then be at the right shoulder The 61.8% fib level entry will also be equal legs for the abc correction Target will be at the 200% Fib Level (equal legs from the head to neckline) Great risk reward ratio trade Will update as this trade develops
Long
by BambooGrowth
3
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.
Long
by FXTurkey
1
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.
Long
by FXTurkey
1
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.
Long
by FXTurkey
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.
Long
by FXTurkey
1
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.
Short
by FXTurkey
3
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.
MYX:FCPO1!Long
by FXCruZaDer82
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.
BITSTAMP:BTCUSD
by Zoen_Trieste
7