Get started

5-0 Pattern

BTC/BVOL Bullish Continuation, VIX Bearish BAMM, DXY Bearish 5-0BTC looks to be continuing the move it started yesterday after hunting for the stops below the POC and then defending the EU Brinks Box During the US Brinks session. BVOL is Bullishly Diverging at the lows Signaling a rise in BTC Volatility is imminent. The SPX is Bouncing off of a Liquidity Zone and off of the 1.618 Extension PCZ of a Bullish Shark that may now take it back to the supply line and confirm a Partial-Decline for the second time. The VIX S&P Volatility Index seems to be struggling at the Moving Averages and setting up for a Deep Crab Bearish BAMM that will take it down to $14 The DXY is showing weakness at the PCZ of a potential Bearish 5-0 that will probably take it down to equal or lower lows than the previous low.
INDEX:BTCUSDLong
by RizeSenpai
EURUSD - 5-0PatternWell, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels. On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern. Candlestick Pattern confirmation is required before one consider it as an trading ideas. p/s do your own analysis and never follow blindly
Long
by RaynLim
5
NZDUSD - Bullish SharkProbably "the most important" Bullish Shark Pattern of the week. I'm waiting for the market to fulfil the Shark Pattern at 0.5583; for that to happen, a 3-bar reversal has to be seen. What is more important than the Shark Pattern is the fulfilment of the 5-0 Pattern. The market shouldn't break and close beyond the red box that marks 5-0 Pattern, and when that happens, I'm going to head in for a shorting opportunity and might just ride the wave down on a Bearish Flag Pattern that could form on the 4-hourly chart. You can check the related ideas at the bottom of the tradingview post on the potential bearish flag pattern.
Long
by RaynLim