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5-0 Pattern

LINKUSDT Peaked at this Reversal ZoneLINKUSDT seems peaked at this Right-Angled Broadening Wedge. I'm using Herif's Harmonic Pattern Projections indicator to show the 5-0 Harmonic structure within the Broadening Wedge. The price action is trading at this Potential Reversal Zone at the top due to a Candlestick Engulfing Bearish on BTCUSDT and a C-D bearish swing-leg can be expected to Volume POC level. Technicals: Volume decreasing shows bulls lack of confidence; Awesome Oscillator on H2 shown bearish Twin Peaks formation; Fisher Transform on M30 bearishness crossing. * 5-0 Harmonic Pattern was introduced by Scott Carney
Short
by firmestudio
4
AUDUSD: Bearish 5-0 on Quarterly Timeframe Seaking 50% DeclineAUDUSD has this strange Inverse Cup with Handle / Bearish Head And Shoulders sorta look to it, but more clearly, it has formed a very real Massive Bearish 5-0 that has been in the making for many years and it has recently tested the PCZ as resistance at the 50% retrace and confirmed it with huge amounts of MACD Hidden Bearish Divergence. If this plays out fully, then we can expect that the Australian Dollar to lose well over 50% of its value from here out.
Short
by RizeSenpai
1
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