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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.
LewisGlasgow LewisGlasgow UKX, 240, Long ,
234 2 14
UKX, 240 Long
FTSE 100 - Bullish 5-0

The FTSE 100 is shaping up nicely on the 4h chart, I'm expecting this bullish 5-0 formation to complete within the next few weeks at the 50% retracement level. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 We will be trading with a stop loss below the 0.618 retracement level at 7240. If we execute the ...

53 0 1
GBPUSD, 60
5-0 Pattern

5-0 Pattern https://www.tradingview.com/x/r3SoHfY0/ GBPUSD

330 2 8
BTCUSD, 240
Bitcoin's Harmonic Journey

Bearish 5 Drives megastructure leading into a Bullish 5 drives up to 8500 to which will fulfill the overall Bearish 5 Drives w a target at around 5.5k. Upon completion of 5.5k retracement OR sideways trending on a strong demand zone, Bitcoin's harmonic may become a Bullish Deep Crab to which will have a target of $10k+. I've been bullish about bitcoin and I'm ...

350 0 38
XCUUSD, D Long
XCU/USD - Bullish 5-0

I'm getting ready for the weeks ahead, make sure to keep this one on your watch list! Here we have XCU/USD on the daily chart with an excellent buying opportunity. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 I expect price to drop to 2.33000 to complete the 5-0 pattern before making another attempt on ...

tungqn98 tungqn98 XAUUSD, 60, Long ,
128 0 1
XAUUSD, 60 Long
BUY-XAU/USD.H1.5-0 Pattern Harmonic

Following 5-0 Pattern Harmonic Price touch strong support by uptrend line W1 and fibo retracement 50%,and touch fibonacci extension 127.2 % of AB. Follow 5-0 pattern price will test fibo retracement 50% of BC and go down retest uptrend line W1. If the price break uptrend line W1,it will go down and test fibonacci extension 2.24 of AB (1232).

mehdione mehdione ICXUSD, 1D, Long ,
207 0 3
ICXUSD, 1D Long
ICXUSD 5-0 Harmonic Pattern

ICXUSD 5-0 Harmonic Pattern

94 0 5
XBT, 240
Bullish 5-0 or Bearish Shark

well that's going to be the ultimate question here as to whether you're long or short. Ultimately, I say we going down but this is 50% retracement to decide whether we bounce to fulfil bullish 5 drives or continue falling to fulfill Bearish Shark.

192 7 11
XBT, 120
Bullish 5 Drives vs Bearish Bat and Bearish Shark

overall structure a Bullish 5 Drives OR Bearish Shark. Bearish Bat Diamond (potential reversal) pattern forming

65 0 2
GBPUSD, 60
GBPUSD#22June18

5-0 pattern key point: AB = 1.61 XA BC = 1.837 AB https://www.tradingview.com/x/r3SoHfY0/

152 0 2
SPY, D
SPY 0-5 Pattern on Daily. If no bounce 269 is straight down move

SPY 0-5 Pattern on Daily. If no bounce from this 50% retracement, it will be a straight down move to 269.

WayAtTheEnd WayAtTheEnd XBT, 30, Long ,
96 0 2
XBT, 30 Long
Short-term bullish 5-0 pattern right after long-term "bat"

Once again, as soon as we learned a new pattern, we(@iDC_INC on twitter, @idcinc on steemit) were able to find it immediately in the bitcoin chart. It's not perfect, as the AB leg briefly goes a little lower than it would have ideally, but it's pretty damn close. This is just to serve as extra confirmation of the bull trend we've been anticipating, and that seems ...

FinanceRhino FinanceRhino FAST, 1D, Short ,
78 2 3
FAST, 1D Short
Bearish 5-0

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

zsilence zsilence XBTUSD, 240, Short ,
82 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.

122 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 ...

143 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.

KyleMcQuade KyleMcQuade USDCAD, 240, Short ,
464 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 ...

SebastienYC_FR SebastienYC_FR USOIL, 1D, Short ,
271 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 ,
266 1 2
BTCUSDT, 1D Long
BTCUSDT

BTCUSDT

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