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 ...
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 ...
Hey guys, tonight I'm looking a 5-0 position on silver! I previously had my eye on a bullish shark, which has turned into a bearish 5-0 (see below).
Price has already touched the 50% retracement and is beginning to show signs of reversal after the bearish engulfing candle! Price is also about to make a double top on the 1 hour chart. Taking this into ...
Hi guys,
Here I'm on the 4 hour chart, looking a potential type-ii entry on a bullish 5-0. The pattern has already made an absolutely PERFECT 5-0 formation; all key reversal areas are bang on our key retracement/extension levels. Price has already touched the 50% retracement for the D point, however if price returns to re-test this level we should be looking for ...
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 ...
MAJOR CONFLUENCE HERE TRADERS!
I am super excited about this set up!
Today, we have a bearish shark and a bullish 5-0 on the 4H chart with NZD/USD.
Sharks and 5-0s compliment each other, given the similar Fibonacci measurements.
The bearish shark is already completed and running in profit. We can look to sell this one down to the 50% retracement to about the ...
Here, we have a bullish 5-0 on the 4H chart with GBP/CAD.
Price is making a steep break to C point (1.79623) measuring in at 1.618.
Following C point, we can look for a 50% retracement at D point (1.68521).
Risk/Reward Ratio - 1:3
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Hello, traders! This set up is looking too good to pass!
Here we have a bullish 5-0 on the 4H chart with NZD/CAD.
Absolutely nothing but GOLDEN RATIOS & 50% RETRACEMENTS.
With price making its way up to C point (0.96176),we will look for price to reverse and make it way down to D point (0.93955) and completing the pattern.
It should be noted that C point ...
Hello, traders!
Here we are looking at a bearish 5-0 on the 4H chart with AUD/CHF.
As price continues the trend down to C point, we can expect price to reverse and make its way to D point.
Risk Ratio - 1:4
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Hello, traders!
Today, we are looking at a bullish 5-0 on the 1D chart with USD/CHF.
With price breaking out of the descending wedge, we can look for the market to make its way to C point.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Here we are looking at a bearish 5-0 pattern on the 4h chart with USD/JPY.
As the market price has been moving down for this pair, it seems that we have reached a point of reversal.
Signaled by a new higher low at B point (circled), this marks a shift in trend and also a completion of an ABCD pattern referenced in my related ideas.
We can look for price to ...
Potential bearish shark bullish 5 0 combo. Lots of bullish price action candles. If it breaks below may continue for another 100 pips, be aware of that
I hope everyone had a great weekend!
Today, we are looking at the USD/JPY. A HUGE potential bullish 5-0 pattern on the 4h chart.
In the weeks to come, we can look for price to reverse at the 116.00 level (C point) and 114.00 level (D point).
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 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 ...
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 ...
