I'm back with another 5-0 pattern but this time on the 4h timeframe with AUD/USD.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Excellent trading opportunity with over 1:3 risk to reward.
I've got more analysis on the way, stay tuned!
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Excellent trading opportunity with over 1:3 risk to reward.
I've got more analysis on the way, stay tuned!
📈 Master the Art and Science of Trading: www.sixfigurecapital.com