The new harmonic pattern found: Bearish 5-0 Pattern [-/1.0/2.0/.447] on EURUSD H4, Mar 14, 2022; and support/resistance levels are: X; A; B; C; D.
Bearish 5-0 Retracement Tolerance
#1
2 – Gartley pattern
1 – Pesavento pattern
2 – Gartley pattern
1 – Pesavento pattern
Bearish 5-0 Retracement
XD= -*
AB= 1.0
BC= 2.0
CD= .447
Bearish 5-0 Rules
XD= n/a
AB= n/a
BC= n/a
CD= n/a
Bearish 5-0 PRZ and Target (TP-Take Profit)
PRZ= XD -*; CD .447
Target= .854
Price Range
#1
1.11008 < Range of the prices D < 1.11255 (price range= 247 pips)
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| Bearish 5-0 Pattern turned into Bullish A 5-0 |
