5-0 Pattern
Possibility of 0-5 Harmonic Pattern FormationDetail of Harmonic Pattern is shown on H1 Time Frame with higher Accuracy.
Trade Ideas Position: AUDCAD 5-0PatternMost traders only have a single target for a 5-0 pattern, I can have up to 2 targets for a trend trading setup.
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EURUSD TECHNICAL LONG TERM BUYthe elliot waves just drawn for a view ( not perfect )
there are a weekly and daily strong pivoot that touched by price and wants to grow up
#EURUSD BUY now at
BUY : 1.09158
SL : 1.08744
TP1 : 1.09993
TP2 : 1.10791
TP3 : 1.11594
TP4 : 1.12298
USE 5% OF MONEY MANAGEMENT
BY : Mohammad Reza Ebrahimi Moghaddam #forex #iran #sultan_trading
BTC Bullish 5-0 Could take us back to $14k before reversalBTC has been showing some strength in the new year and has formed somewhat of a bearish shark that may very well turn into a Bullish 5-0, I have two paths here drawn out for the scenario that can play out if BTC pulls back at $14k. One is a pivot from the 50 percent retrace and the other is the 61.8 percent retrace at around $9600 which is confluent with a strong support at $9625
Something to note s that this is a bearish shark first and a bullish 5-0 second and it can reverse anywhere between the .886 and 1.13 retrace in which case from the actually pullback within that zone we might have to refib later on but this is the general idea.
These areas may also prove to be a good place to re-enter the market if you haven't already to take a shot on getting in on the trend continuation.
AUDNZD: possible intraday tradeWe would like to show you one intraday trade on #AUDNZD.
1.04577 is a key level: From that price, a big impulse started on the 23rd of December. The same level is point 1 of Fibo Retracements
Sell limit at 1.04577
SL 1.04702
TP 1.4445
Risk: Reward 1:1
As the price reaches TP we usually move SL to the entry point and leave until a Price Action signal suggests to close the trade.
EURUSD-Weekly Market Analysis-Dec19,Wk4The daily chart on EURUSD is a bearish trend but on the 4-hourly it is a sideway market.
A bearish shark setup has trigger driving the movement past the 5-0 pattern. At this moment, I'm waiting for a double top on the 1-hourly timeframe with an RSI Divergence to engage a 5-0 buying opportunity.
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Trade Ideas Educator: AUDUSD 5-0A 5-0 pattern setup is most likely to form up, the only thing is whether this setup holds which then require further confirmation.
This shark pattern was identified on our previous live session so why didn't we engage? Probably it triggered 6 am during the UK General Election. Coincidence? I don't think so.
What is missed is missed, let's wait for the next trading opportunity.