Perfect automated detection of Pattern5.0 - LongEntry 1.73000, T/P 1.74600, S/L 1.72300.
If it exceeds 1.74500, buy more.
5-0 Pattern
NZDUSD - 5-0 Pattern Grand PlanLast week the 5-0 Pattern was spotted and the trading opportunity was share in our group(link at the bottom).
The candlestick formation and RSI Overbought was not the only reason that triggers me to short the market, but also on the higher timeframe, the daily chart(right) has a bearish bat setup. Although, the bearish bat pattern has triggered alert of this trade is a No, No, I see there isn't any harm doing that as I'm getting a healthy RRR(Reward:Risk).
I had engaged the 5-0 pattern and plan for a 2 target approach, the second target that I am planning is no other than the Target1 of the bearish bat pattern.
But hey Rayn, I thought you were saying there's a warning sign on the bat pattern and you circle it in yellow?
Yes, having a warning sign means it's not ideal to engage the trade. However, I had an opportunity on a lower timeframe to engage it and I'm prepared to intervene in my second trade if the market shows the trend is going to reverse.
Let's see how this trade pans out, I have more plans to engage this trade. Follow us in our community and don't miss out another trading opportunity ever again.
NZDUSD - 5-0 Pattern A shorting opportunity setup for a shorting opportunity as a 5-0 pattern as a counter-trend trade
Bearish Butterfly Pattern Continues to Golden Level.the detail is shown on the above Idea.
It is Possible US30 BUTTERFLY Fall to Lower Levels
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NZDJPY Has just completed 5-0 patternWe are waiting for the trendline to be broken before we get involved.
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.
Bearish 0-5 Pattern Started.the detail is shown on the above Idea.
NAS made 0-5 harmonic Pattern Completely.
and It Needs a Good Correction before than more Rally.
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Possibility of Falling to 1.27 Then Flying to 2.618the detail is shown on the above Idea.
this Idea is in Continuation of my Confirmed Previous Idea.
DJI made 0-5 harmonic Pattern So far.
DJI Need a Correction before than more Rally.
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USD Still in Bearish Trendthe detail is shown on the above Idea.
this Idea is in Continuation of my Confirmed Previous Idea.
USD made 0-5 harmonic pattern to Start Rally
But Euro Cypher Pattern Break Rally
and Cypher Help Euro to be Stronger.
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Bitcoin Bull is fighting hard with bearHere are some indication how Bitcoin is fighting with bear in short time frame.
Bullish 5-0 and Bat Harmonic PatternsAs you may see on the chart that 2 harmonic patterns with reciprocal AB=CD have been completed at the same area.
This is also a strong rally/base/rally demand zone with 4h & 1h bullish engulfings.
Good luck all.
Bullish Trend Using ( 0-5 Pattern)the detail is shown on the above Idea.
First my Idea on NaTGas .( backtest Idea and know better about GAS trend )
FCPO Bullish 5-0A bullish pattern 5-0 completed. Price might test the stop level. Preferably price action indicate upwards & strength oscillator rebound from the oversold zone before execution to be made.
Stops: 2343
Entry: 2357
TP1 : 2413
TP2 : 2428
DXY and Fall More (0-5 harmonic Pattern)DXY AND Parallel Chanel Also, 0-5 harmonic Pattern Indicates Bearish more
Last Part of Forming Handle of Candle ( 0-5 Harmonic Pattern)this Idea is the final part of my Idea that I already published
DXY FALL More . Dead Time 5 4 3 ..0 ( Bearish 0-5 Pattern)DXY AND Two Parallel Chanel
Also, 0-5 harmonic Pattern Indicates Bearish more
AUDUSD - Bearish Shark at 0.6960-0.6970AUDUSD looks to be heading north, there could be some rebound in the stock market this week I guess, with falling USD.
Is the FED planning a new stimulus again.
My view for AUDUSD is that it should go up and complete a bearish shark pattern around 0.6960-0.6970.
It will be wise to wait for patterns to complete before getting into the trade.
If you are adventurous, you can consider trading the C-D leg on this AUDUSD shark move too.
For shark pattern generally, profit targets are at 50% retracement of CD leg and 88.6% of CD leg.
Stops has to go below XC 1.27.
Good luck and good trading!
GBPJPY Buy zone ACTIVATEDAs shown on the chart, based on Elliot wave count, the corrective wave 4 has ended, this give an opportunity to trade the last motive wave 5.
This is in confluence with the 50 to 61.8 fib level of BC a 5-0 pattern, expecting to trade the D leg
The risk reward ratio is 3.7
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Thank you
