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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.
orochy orochy EURUSD, D, Long ,
EURUSD: EUR/USD 0-5 PATERN D frame
78 0 7
EURUSD, D Long
EUR/USD 0-5 PATERN D frame

a long opportunity

pixi pixi XAUUSD, 240, Long ,
XAUUSD: Short term target at $1292/1293
647 4 17
XAUUSD, 240 Long
Short term target at $1292/1293

Hi, Long $1267 SL $1262, looking for bearish Shark + inv AB=CD at $1292/1293. If this idea works, i'll looking for a Bullish 5-0 on previous S/R level around $1280. Likely turning point in short term, but too early to say that.

LewisGlasgow LewisGlasgow PRO SYSBTC, 240, Long ,
SYSBTC: Syscoin - Bullish 5-0
2686 22 44
SYSBTC, 240 Long
Syscoin - Bullish 5-0

Today we have an excellent buying opportunity for SYS/BTC on the 4h chart with a bullish 5-0 pattern, I'm absolutely loving the look of this setup already! The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 The B point forming at a solid 1.272 adds to the structure of this pattern. At this current moment in ...

cdschultheis15 cdschultheis15 PRO XAUUSD, D,
XAUUSD: XAU/USD - Harmonic Confluence
308 1 9
XAUUSD, D
XAU/USD - Harmonic Confluence

Hello, Traders! Today, we have GREAT structure forming on GOLD! Here, we have a bullish shark and a bearish 5-0 pattern. I personally, LOVE these set ups... GOLDEN RATIO X2! Price has temporarily retraced at a support & resistance zone, which is also X point, but the down trend continues. With these types of set up, we ALWAYS look for the DOUBLE PLAY: 1. BUY ...

pixi pixi EURUSD, W, Short ,
EURUSD: Short EURUSD until 1.12
207 0 4
EURUSD, W Short
Short EURUSD until 1.12

Hi, Likely 5-0 Bullish continuation pattern at 1.12 for EurUsd. Short active since 1.20

cdschultheis15 cdschultheis15 PRO NZDUSD, 240, Long ,
NZDUSD: NZD/USD - Bullish 5-0 + GOLDEN RATIO X3
144 2 10
NZDUSD, 240 Long
NZD/USD - Bullish 5-0 + GOLDEN RATIO X3

Hello traders! I am SUPER excited about this set up. I have been keeping an eye on this since markets opened this week. We are looking at a bullish 5-0 on the 4H chart with NZD/USD. Given the Fibonacci measurements at C point, it has been measured to the GOLDEN RATIO not only once...not twice...but THREE TIMES! I usually never trade this pattern down unless ...

dreager dreager XAUUSD, 240,
XAUUSD: XAUUSD  4H 5-0 Pattern
80 1 4
XAUUSD, 240
XAUUSD 4H 5-0 Pattern

The current price has broken through AB1.618 expansion, or will further move towards 5-0 form 2.24 limit expansion position, its location just and 0-B 1.618 expansion position coincides with, but also early important resistance area. Very likely to form a 5-0 form, call back to half of the BC position, and then move into the early gap.

cdschultheis15 cdschultheis15 PRO CADCHF, D, Short ,
CADCHF: CAD/CHF - Bearish 5-0
60 0 6
CADCHF, D Short
CAD/CHF - Bearish 5-0

Hello, Traders! I hope everyone is having a great weekend! I'm VERY excited to share and keep an eye on this set up with you guys. Today, we are looking at a bearish 5-0 pattern on the 4H chart with the CAD/CHF. Price seems to have started to reverse between 1.13-1.618 at B point. Lets look for price to break the current trend when the markets open back up to ...

KyleMcQuade KyleMcQuade PRO EURGBP, D, Long ,
EURGBP: EURGBP Long
136 0 10
EURGBP, D Long
EURGBP Long

Hi guys. This is not a pattern I look at often, however, today I'm looking at a long position at the end of a harmonic 5-0 completion! Price has hit support on the weekly time frame and should find some security at this level. EUR GBP is not a pair i've wanted to trade as of late as per the obvious political sentiment, then again, I don't trade the 5-0 that often ...

forexistanbul forexistanbul PRO USDJPY, 240, Short ,
USDJPY: USDJPY   h1 short
1308 34 37
USDJPY, 240 Short
USDJPY h1 short

USDJPY h1 5-0 pattern should be short.

derekvela derekvela EURJPY, 240, Long ,
EURJPY: eurjpy bullish 5-0
25 0 3
EURJPY, 240 Long
eurjpy bullish 5-0

bullish 5-0 pattern on strong support, targets back to the top, stops just below previous lows

foxwavetrading foxwavetrading WOOD, D, Short ,
WOOD: 5-0 w/ channel confluence
17 0 5
WOOD, D Short
5-0 w/ channel confluence

Looking for a reversal from this point in time, the final leg is in the extension range of 1.5-1.618 which I prefer on my harmonic patterns, also you will notice that a symmetrical channel, if the channel was not symmetrical I would expect price to go higher but this is not the case. Stop will be placed at the 1.618 level. Target which is very optimistic will be ...

currenkee1500 currenkee1500 GBPAUD, 60, Long ,
GBPAUD: 5-0  . Bullish
63 0 4
GBPAUD, 60 Long
5-0 . Bullish

5-0 pattern Entry: 1.6280 (50%) Stop loss: 0.77302 Target 1: 1.637 (88.6%) Target 2: 1.645

Night_Trader Night_Trader PRO US30USD, 15, Long ,
US30USD: Bullish 5.0 pattern in the $Dow. $DIA $YM_F
136 0 4
US30USD, 15 Long
Bullish 5.0 pattern in the $Dow. $DIA $YM_F

Maybe a bit late for day trading at a friday afternoon.

Mascot Mascot NZDUSD, D,
NZDUSD: NZDUSD FOR SELL
65 2 5
NZDUSD, D
NZDUSD FOR SELL

EXPECTED SELL FOR THAT PAIR DUE TO ACCOMPLISH NENSTAR PATTERN

Night_Trader Night_Trader PRO EURNZD, D, Long ,
EURNZD: [symbol="EUR/"]EUR/[/symbol] 5.0 and Gartley confluence long
169 0 9
EURNZD, D Long
[symbol="EUR/"]EUR/[/symbol] 5.0 and Gartley confluence long

If the smaller Gartley pattern completes in the EUR/, it will do so at around the same price where the bigger 5.0 pattern has already completed at 2017-06-19 . There should be the chance for a 3:1 R/R ratio trade.

LeTigre75 LeTigre75 GBPJPY, 240, Short ,
GBPJPY: GPBJPY H4 potential bearish 5-0
79 0 3
GBPJPY, 240 Short
GPBJPY H4 potential bearish 5-0

Looks like bearish 5-0 figure.

pixi pixi USDJPY, D, Long ,
USDJPY: Bullish 5-0
476 2 18
USDJPY, D Long
Bullish 5-0

Hi, Long USDJPY at 111.7 on 5-0 completion. Short term targets on the chart.

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