After two profitable trades using the 5-0 pattern in previous weeks here we have GBP/USD on a 4h chart with yet another 5-0 pattern. I'm absolutely loving the look of this, especially ahead of the U.S Presidential Election.
(This is purely a technical prediction, I am not basing this analysis on who is likely to be voted)
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Credit to one of my students tradingview.com/u/cdschultheis15/ for spotting this setup, excellent.
We'll see what happens very shortly, safe trading everyone.
(This is purely a technical prediction, I am not basing this analysis on who is likely to be voted)
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Credit to one of my students tradingview.com/u/cdschultheis15/ for spotting this setup, excellent.
We'll see what happens very shortly, safe trading everyone.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.