A potential 5-0 pattern may be developing on the four hours (H4) charts of EURUSD 0.16% . This is something to monitor for next week.
The harmonic ratios for a valid 5-0 pattern are detailed below.
Initial impulsive reversal at X A
B: 113.0 - 161.8%
C: 161.8 - 224.0%
D: 50%
The harmonic ratios for a valid 5-0 pattern are detailed below.
Initial impulsive reversal at X A
B: 113.0 - 161.8%
C: 161.8 - 224.0%
D: 50%
Commento:
Missed my entry by 5 pips and now it is 100+pips :)
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