It's a Saturday night, market are closed and I've had an absolute stormer of a week. Now it just keeps getting better, we have XAG/USD on a 1h chart with yet another 5-0 pattern but this time it is bearish. I'm absolutely loving the look of this, if we can complete our D leg I'll be going short.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
View related analysis on this pair below, I previously traded a bullish 5-0 pattern which was picture perfect... Let's see if the bearish version can live up to the potential. I hope you all enjoy your weekend and I shall see you all on the charts tomorrow evening :)
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
View related analysis on this pair below, I previously traded a bullish 5-0 pattern which was picture perfect... Let's see if the bearish version can live up to the potential. I hope you all enjoy your weekend and I shall see you all on the charts tomorrow evening :)
📈 Master the Art and Science of Trading: www.sixfigurecapital.com
