Here we have another 5-0 pattern but this time on the 1h timeframe with AUD/CHF.
Price is currently completing the C point at the minimum 1.618 but it could drop further to 2.24 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
Feel free to connect with me on below :)
Price is currently completing the C point at the minimum 1.618 but it could drop further to 2.24 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
Feel free to connect with me on below :)
Trade ist aktiv:
The C point formed just above 2.24, followed by an aggressive reversal to complete the CD leg.
I'm going short from 0.76400.
I'm going short from 0.76400.
Kommentar:
We're well on our way to approaching the final take profit level! If you want to keep up to date with my trading opportunities be sure to join my Telegram channel :)
Trade geschlossen: Ziel wurde erreicht:
Hit my final TP gaining 160 pips, well done to everyone who took the trade.
I will alert you all on my next trade via Telegram.
I will alert you all on my next trade via Telegram.
📈 Master the Art and Science of Trading: www.sixfigurecapital.com
Providing additional reasoning to stay in the trade :)