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LewisGlasgow
15 mar 2017 13:59

CHF/JPY - Bullish 5-0 Long

Swiss Franc/Japanese YenFXCM

Opis

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 :)
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