5-0 Pattern
Trade Ideas Analysis: USDJPY MWaiting for a double top to engage this short trade as a trend-continuation trade.
Great trading opportunity for aggressive trend traders but to note the stops might have to place above the bigger pink box in preventing stop-out.
Conservative trader can look into single target engagement.
Did I mention it is also a 5-0 pattern? :)
KNC LONG- Entry : 4018
- Target : 38450 (+853.38%)
- Stop loss : 2377 (-41.06%)
- Risk/reward ratio : 16.06
FUN LONG- Entry : 99
- Target : 1005 (+915.15%)
- Stop loss : 60 (-39.39%)
- Risk/reward ratio : 14.85
KNC LONG (LONG TERM)Bearish Shark-Bullish 5-0 Type 3 + Bullish Shark-Bearish 5-0 Type 2 + Bullish Gartley Type 1
T 38450
SL 2377
FUN LONG (LONG TERM)Bearish Shark-Bullish 5-0 Type 2 + Bullish Alt Bat Type 2 + Bearish Bat Type 2
T2 1005
T1 770
SL 38
NASDAQ 100 perfect bearish SHARKLook how it reached the 161% perfectly. And now it's failing on it.
The target is at least 50% of CD
Emini /ES Shark or 5-0 Pattern to come.ES is rally approaching new high and yesterday start seeing possible reversal happen.
Here is the pattern spot and share for reference.
Happy Trading and Trade with Confident and Follow your own TraderWorkflow.
Like my post - click agreed with me or follow me. Thank.
BTC now bullish, best call 4100-4500BTC is drawing a bullish 5-0 pattern
Any fall below 4500 will be an opportunity to buy the dip
Silver Possible Bearish 5.0 PatternTracking a Possible bearish 5.0 pattern combined with a supply level and AB=CD pattern
The second spike up on this chart does not align with my charts so may be a bad tick but I have marked them both out as potential levels
Do not expect a large move down but expecting some form of reaction there, at least 38% retracement up to 61% retracement of the C-D leg up which is still a good 3-5:1 reward to risk
The 5-0 Pattern (advanced harmonic price action pattern)GBPUSD
DISCLAIMER: This is my trading experience, it is not an invite or recommendation to trade.
GBPAUD Five-o Pattern at 1.81We're targeting the daily level and 1.83 with this five-0 pattern completing at 1.81
Good luck , thanks for you comments and likes.
$ZRXUSD forward guidanceThe Cajun thinks he has a bead on a him:) Lots of things can happen but when things line up, we must take notice and not doubt Ketu (astrotalk-aka your gut). We must build the narrative, then test it. I just wish I had full access to trade crypto:)
