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Patrick246

EURUSD Bullish 5-0 Harmonic Pattern

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
Patrick246 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Harmonic Patterns
2
1
harmonicpatterns
A potential 5-0 pattern may be developing on the four hours (H4) charts of EURUSD 0.16% . This is something to monitor for next week.

The harmonic ratios for a valid 5-0 pattern are detailed below.
Initial impulsive reversal at X A
B: 113.0 - 161.8%
C: 161.8 - 224.0%
D: 50%
Comment:
Missed my entry by 5 pips and now it is 100+pips :)
Order cancelled
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