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Jun 4, 2022 1:14 AM

Bearish 5-0 Pattern - Elliott Wave Analysis  Education

U.S. Dollar Currency IndexTVC

Description

The 5-0 Pattern has the following ratios.

A no specific retracement level
AB leg extends XA leg between 113% – 161.8%
BC leg extends 0X leg between 88,6% - 113% 113%
BC leg is also an extension of AB by 161.8% – 224%
CD leg should to be 50% retracement of BC

The first part of 5-0 Pattern is Shark Pattern.
The A-B-C leg of Shark Pattern is in Elliott Wave (w) - (x) - (y), legs of Wave A from Flat Correction
The second part of 5-0 Pattern is Shark Pattern is D.
D leg in Shark Pattern, in Elliott Wave is Wave B , leg of Flat Correction

That is mean after B we are waiting Wave C and then PRZ
Comments
Kirandeepc
Very Nicely Correlated Elliot Wave and Harmonic Pattern. Awesome Post. Please keep this Wonderful work Continue.
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