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5-0 Pattern

The 5-0 pattern is a distinct 5-point reversal structure, discovered by Scott Carney that typically represents the first pullback of a significant trend reversal. It is a relatively new pattern with 4 legs and specific Fibonacci measurements of each point within its structure, eliminating room for flexible interpretation. The following measurements define the pattern: the AB leg should be a 1.130 to 1.618 extension of the XA leg. The BC leg should be a 1.618 to 2.240 extension of the AB leg. The CD leg should be 0.500 retracement of the BC leg and it includes a reciprocal AB=CD pattern. With this, the Potential Reversal Zone (PRZ) is defined differently from other harmonic patterns.

Conservative traders look for additional confirmation before entering a trade. The 5-0 pattern can be either bullish or bearish. Targets can be set at the discretion of the trader as the reversal point could be the start of a new trend. Common stop levels lie behind a structure level beyond the D point or the next important level for the Fibonacci sequence.
FinanceRhino FinanceRhino FAST, 1D, Short ,
FAST: Bearish 5-0
31 2 2
FAST, 1D Short
Bearish 5-0

Bearish 5-0 with reverse bearish divergence. Purchased July 50 puts @ 1.10

zsilence zsilence XBTUSD, 240, Short ,
XBTUSD: 0-5 Short then Long in BTC
64 0 1
XBTUSD, 240 Short
0-5 Short then Long in BTC

BTC is probably going for a 0-5 pattern. At first I will try to short in the area between 8700 and 8800 for a move down. I will update with the progress or invalidation.

Ajion Ajion XZCBTC, 1D,
XZCBTC: Descending Triangle, Volume are down,Big picture
91 0 2
XZCBTC, 1D
Descending Triangle, Volume are down,Big picture

This is a macro look, we will take a look at Descending triangle a little closer. We are in a Descending triangle, and things are not looking good as we are entering 5 weak, Unless breakout happens - a robust one - a lot of buyers will be holding BTC instead. D and A serving as a strong support Prices entries. We are still in a up trending channel, and this ...

KyleMcQuade KyleMcQuade USDCAD, 240, Short ,
USDCAD: USD/CAD - Bearish 5-0
431 1 12
USDCAD, 240 Short
USD/CAD - Bearish 5-0

Continuing with the majors before moving onto the crosses, I am monitoring a bearish 5-0 on the USD/CAD. Even without the harmonic ratios, price has made a clear head and shoulders, broken the neckline and is now re-testing the neckline as resistance. As per usual with a bearish 5-0 pattern, I will be on the looking for any reversal candles (hanging men/bearish ...

LewisGlasgow LewisGlasgow XAUUSD, 240, Long ,
XAUUSD: XAU/USD - Bullish 5-0
2468 8 59
XAUUSD, 240 Long
XAU/USD - Bullish 5-0

I'm back with another 5-0 pattern but this time on the 4h timeframe with XAU/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. The D point seems to be a good area of support to go long as shown ...

TtaOtec TtaOtec BTCUSD, D,
BTCUSD: n00b at Advanced paterns
128 0 1
BTCUSD, D
n00b at Advanced paterns

Hi, please do not see this as trading or financial advice. I'm just shooting posible patters. Cheers, best regards.

SebastienYC_FR SebastienYC_FR USOIL, 1D, Short ,
USOIL: A speculative bearish OIL scenario
260 0 6
USOIL, 1D Short
A speculative bearish OIL scenario

Oil failed at a double 161% extension. Which means potential 5-0 / Shark patterns ongoing. Speculative of course. Any break above recent high ($70) and it's invalidated

mehdione mehdione BTCUSDT, 1D, Long ,
BTCUSDT: BTCUSDT
258 1 2
BTCUSDT, 1D Long
BTCUSDT

BTCUSDT

mehdione mehdione BTCUSDT, 1W, Long ,
BTCUSDT: BTCUSDT This is some Advanced Pattern
230 2 4
BTCUSDT, 1W Long
BTCUSDT This is some Advanced Pattern

This is some Advanced Pattern Butterfly Pattern After Complete We Have Shark Patten and After Shark Complet He Can Be 0-5 Ho Correct in 50% Fibo after Complete The Shark and 0-5 Pattern we have Deep Crab Pattern with 2 Extenssion Good Luck

loz3r loz3r GBPUSD, 240,
GBPUSD: GBPUSD 5-0 PATTERN 4H 13-4-2017
131 0 4
GBPUSD, 240
GBPUSD 5-0 PATTERN 4H 13-4-2017

GBPUSD 5-0 PATTERN 4H 13-4-2017

Tradingsignal24 Tradingsignal24 DYM2018, 1D, Long ,
DYM2018: FDAX - long scenario
30 0 2
DYM2018, 1D Long
FDAX - long scenario

FDAX is long with next target 508. Nice Trade for intraday.

slrocheleau slrocheleau USOIL, 180, Short ,
USOIL: Alternate Shark @ 113% Entry
220 0 6
USOIL, 180 Short
Alternate Shark @ 113% Entry

Let's get it

slrocheleau slrocheleau NZDJPY, 120, Short ,
NZDJPY: Alternate Shark > Entry @ 78.85
153 0 3
NZDJPY, 120 Short
Alternate Shark > Entry @ 78.85

The Shark pattern has the following ratios. AB leg extends OX leg between 113% – 161.8% BC leg extends beyond O by 113% of the OX leg BC leg is also an extension of AB by 161.8% – 224%

casim casim XBT, 1D,
XBT: Make or Break
81 0 3
XBT, 1D
Make or Break

Pit or peak!

mehdione mehdione STRATUSD, 1D, Long ,
STRATUSD: STRATISUSD
183 0 3
STRATUSD, 1D Long
STRATISUSD

STRATISUSD

slrocheleau slrocheleau AUDCAD, 480, Long ,
AUDCAD: Alternate Shark @ .9750!!!
396 19 20
AUDCAD, 480 Long
Alternate Shark @ .9750!!!

Shark pattern is a combination of a ‘failed’ wave, an extreme harmonic impulse wave and the famous 0.886 retracement. RULES: B point needs to be in range of XA projection – minimum 1.13 but NOT exceed 1.618 C point needs to be in range of AB projection – minimum 1.618 but NOT exceed 2.24 C point at 0.886 0X (not 0B) retracement or 1.13 0X projection We have the ...

slrocheleau slrocheleau GBPJPY, 1D, Short ,
GBPJPY: Bearish 5-0 Pattern ..l.. ()(-_-)() ..l..
306 5 11
GBPJPY, 1D Short
Bearish 5-0 Pattern ..l.. ()(-_-)() ..l..

5-0 PATTERN "The 5-0 pattern is a distinct 5-point reversal structure, discovered by Scott Carney that typically represents the first pullback of a significant trend reversal. It is a relatively new pattern with 4 legs and specific Fibonacci measurements of each point within its structure, eliminating room for flexible interpretation. The following measurements ...

FinanceRhino FinanceRhino NTAP, 240, Long ,
NTAP: Bullish 5-0
44 0 2
NTAP, 240 Long
Bullish 5-0

Bullish 5-0 with bullish divergence

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