Hello traders, here we have another 5-0 pattern but this time on the 4h timeframe with XAG/USD. Price is currently completing the C point at the minimum 1.618 extension but it could push up further before making a move towards the PRZ. 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 hope you all have...
Hello traders, following up from my previous post on NZD/USD with a three drives pattern (shown below). I have now spotted a bullish shark and bearish 5-0 pattern on the 1h chart, this is an excellent opportunity to jump on this long term move! I'm still holding my position from last week with my stop loss in profit, I plan to continue holding it until we...
During last weeks YouTube video I called out my three biggest opportunities to kick start 2017, XAU/USD was on the list and it is carrying huge potential. Once price completes the bearish 5-0 pattern at the D point around $1248 I'll be selling. Stop loss: $1281 Take profit: $1121 HUGE opportunity with an amazing risk to reward of 1:4!
Hello traders, here we have another 5-0 pattern but this time on the 1h timeframe with EUR/GBP. Price has formed a valid head and shoulders pattern within the 5-0, I'm expecting price to complete the right shoulder at the D point followed by a sell-off to 0.83300. This is an excellent shorting opportunity with over a 1:3 risk to reward. The measurements for a...
We're looking at NZD/JPY on the daily chart with a potential bullish 5-0 pattern, this is an excellent buying opportunity with over 1:3 risk to reward... Keep an eye on this setup completing! The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Price has formed a cup and handle pattern which indicates a move...
Nice Bullish 5-0 Pattern Forming in Support Level
Following up from my prediction last week which resulted in 500+ pips, I'm now revealing my long term view for GBP/JPY. I'm expecting the Great Britain Pound to continue all the way up to 156.500 to complete this bearish shark pattern! The measurements for a valid shark are detailed below. C: 1.13 - 1.618 D: 1.618 - 2.24 Final X to D: 0.886 - 1.13 I'm still...
GBP/JPY -0.27% has been selling off from the 15th of December 2016 after completing the C point of this bullish 5-0 , it completed in between the 1.618 and 2.24 extension. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Since then I have been waiting for the C to D move to complete and it has finally...
This one is looking HUGE! Here, on the AUD/USD 1D charts we have a BEARISH 5-0 completing. Throughout my studies of this certain pattern, price tends to bounce between the .50 & .618 range before reversing. Now, we are just waiting for price to close below the .50 mark and then we will be ready to place our positions! The measurements for a valid 5-0 pattern...
I'm getting ready for the weeks ahead, make sure to keep this one on your watch list! Here we have GBP/JPY on a 4h chart with an excellent buying opportunity if price continues to drop going into 2017. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 If we can complete our C point this move will take place...
I hope everyone had a great weekend! The markets are looking as good as ever! Today, to start off the week, we have NZD/JPY on the 1W chart. This is looking great for the long term! In the up turn of the market, we have been hitting some resistance the past couple weeks. At this point, we are seeing the completion of a BULLISH 5-0 and a BULLISH DEEP CRAB...
Interesting setup on the Weekly chart for BTC/USD with a bullish 5-0, as you can see price has just reached the highs of 2014 at 1138 and bounced. I'm sure we will experience a temporary decrease but soon enough the bulls will be back, keep an eye on this pattern completing!
Hello traders, here we have another 5-0 pattern but this time on the 4h timeframe with NZD/CHF. Once the market opens I will be looking for extra confirmation to enter this trade, I'm expecting price to sell-off right down to the daily trendline near the C point. This is an excellent shorting opportunity with over a 1:2 risk to reward. The measurements for a...
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...
Following up from Donald Trump's speech yesterday I'm expecting the U.S Dollar to continue weakening short term, thus providing excellent opportunities across the board. Here we have XAU/USD on the daily chart with a bearish 5-0 pattern, I have been closely watching this structure since mid December 2016. The measurements for a valid 5-0 pattern are detailed...
Hello guys , First of all sorry guys for this crowded chart but couldn't do it better than this but dont worry i will explain. So lets go !! FIRST , EURUSD is forming expanding flag in higher time frame , 12H-D, The light orange Pattern is called Deep Crab, and it will happened before the blue Pattern . Deep Crab Rules : AB=0.886 XA leg CB=0.382; 0.886 AB leg ,...
Lots of opportunity on the charts to start off they year! Here at Six Figure Capital, we are all taking advantage of all the opportunities!!! Today, we are looking at AUD/USD on the 4h chart. Price seems to be trending down, and within the down trend a BEARISH 5-0 seems to have completed in the 0.7360 zone. Throughout my studies of this pattern, it seems to be...
Lots of opportunity on the charts to start off they year! Here at Six Figure Capital, we are all taking advantage of all the opportunities!!! Today, we are looking at AUD/USD on the 4h chart. Price seems to be trending down, and within the down trend a bullish 5-0 seems to have completed in the 0.7360 zone. Throughout my studies of this pattern, it seems to be...