USD/JPY - Bearish 5-0
Here we are looking at a bearish 5-0 pattern on the 1h chart with USD/JPY.
As price continues to drop this week, we have an opportunity for price to reverse at the the C point measuring at 2.24.
This is the maximum extension for the C point on the 5-0 pattern, which continues to leave the opportunity open for profit.
The measurements for this pattern are coming in so perfectly that I will be opening a position
to follow price from C to 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
As price continues to drop this week, we have an opportunity for price to reverse at the the C point measuring at 2.24.
This is the maximum extension for the C point on the 5-0 pattern, which continues to leave the opportunity open for profit.
The measurements for this pattern are coming in so perfectly that I will be opening a position
to follow price from C to 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
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。