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RaynLim
Oct 21, 2022 1:26 PM

EURUSD - 5-0Pattern Long

Euro Fx/U.S. DollarFXCM

Description

Well, if you guys are aware, I do not usually post an analysis based on M15 timeframe, but this setup is worth watching. The distance between the red and blue line is 43pips, substantial profit between the 2 levels.

On the red dotted line, come the completion of the Bearish Shark Pattern and the blue dotted line, Bullish 5-0 Pattern.

Candlestick Pattern confirmation is required before one consider it as an trading ideas.

p/s do your own analysis and never follow blindly
Comments
jcgarciasigma
ryan i am impressed. how did you catch this?
RaynLim
@jcgarciasigma, *Rayn. Well, by following my trading plans and trading rules. Of course understanding of the market trends and read it right. You will be surprise a lot traders are reading the trends wrong, or different that I do.
jcgarciasigma
@RaynLim, i like it and very impressed. hope that you have an ebook one day that I can read it. I suck at bat and shark patterns.
RaynLim
@jcgarciasigma, Well thank you, be sure to check out link in the post footer and be in our community
RaynLim
@jcgarciasigma, it's either you didn't know the right rules, or your didn't know the warning signs
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