CHF/JPY - Bullish 5-0
I'm back with another 5-0 pattern but this time on the 4h timeframe with CHF/JPY.
Price is currently completing the C leg with the minimum 1.618 level shown but it could push up further to complete at 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 below :)
Price is currently completing the C leg with the minimum 1.618 level shown but it could push up further to complete at 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 below :)
📈 Master the Art and Science of Trading: sixfigurecapital.com
📈 Master the Art and Science of Trading: sixfigurecapital.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.