LewisGlasgow
Short

EUR/AUD - Bearish 5-0

OANDA:EURAUD   Euro / Australian Dollar
I'm back with another 5-0 pattern but this time on the 4h timeframe with EUR/AUD             .

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50

Price is currently forming the C leg which will complete in between 1.618 and 2.24, it will more than likely complete at 1.618 as this is a key level of support.

It appears a valid head and shoulders pattern has formed and price is currently sitting on the neckline.

This is an early prediction but I love to pick out market turning points :)

I've got more analysis on the way, stay tuned!
Learn How to Trade the Most Advanced Market Patterns: https://www.sixfigurecapital.com

Join my Telegram Channel: https://t.me/SixFigureCapital

Facebook: https://www.facebook.com/sixfigurecapital
Instagram: https://www.instagram.com/sixfigurecapital
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out