5-0 Pattern

The 5-0 pattern is a unique harmonic chart pattern that traders can use to detect potential trend reversals in the financial markets. It is a five-point pattern that begins with an initial move forming the X point, followed by a retracement forming the A point, an extended move forming the B point, a retracement forming the C point, and finally, the completion of the pattern at the D point.

Unlike other popular harmonic patterns such as Gartley and Butterfly, the 5-0 pattern is relatively rare and requires a higher level of experience and expertise to identify accurately. However, traders who have mastered this pattern can use it to pinpoint potential entry and exit points in the market and set effective stop-loss and take-profit levels. This is why the 5-0 pattern was a must have for our Harmonic Patterns Suite.