Get started

5-0 Pattern

AUS200 Daily Harmonic Shark Pattern into Possible 5.0 patternAlready long, low risk high R:R trade, target to start adding to my longer term short is around the possible 5.0 pattern completion Stop is directly below the last two days lows, not giving it much room as it will either retrace now or if it fails it will likely breach the lows to take out stops first and there is always another opportunity to get back in later Alternate AB=CD zone shown by the copied arrows I love large bars as it shows all of the orders are flushed out of there so moving back through them is so much easier...
FX:AUS200Long
by dionvuletich
BTC Bullish 5-0 Could take us back to $14k before reversalBTC has been showing some strength in the new year and has formed somewhat of a bearish shark that may very well turn into a Bullish 5-0, I have two paths here drawn out for the scenario that can play out if BTC pulls back at $14k. One is a pivot from the 50 percent retrace and the other is the 61.8 percent retrace at around $9600 which is confluent with a strong support at $9625 Something to note s that this is a bearish shark first and a bullish 5-0 second and it can reverse anywhere between the .886 and 1.13 retrace in which case from the actually pullback within that zone we might have to refib later on but this is the general idea. These areas may also prove to be a good place to re-enter the market if you haven't already to take a shot on getting in on the trend continuation.
COINBASE:BTCUSDLong
by RizeSenpai