“Bearish Five-0” Harmonic Pattern Stock Screener

The Bearish Five-0 harmonic pattern is a technical analysis pattern that helps traders identify potential bearish reversals by combining Fibonacci ratios and specific price structures, enabling them to enter trades at key reversal points with favorable risk-reward ratios

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This post focuses on customizable factory scans associated with Bearish Five-0 harmonic pattern, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.


Display recent bearish Five-0 harmonic patterns

Tags:

List symbols where pattern is Five-0 Bearish

Add Column Five-0 Bearish Status as Status
Add Column Five-0 Bearish Target as Target
Add Column Five-0 Bearish Date as Date

Apply to NSE

Plot

This scan identifies NSE symbols that have recently formed a Bearish Five-0 pattern.

The scan output report shows the current status of each pattern, indicating whether it is confirmed, unconfirmed, or if the target has already been reached.

Additionally, it displays the target level and the date the pattern was triggered.



Confirmed bearish Five-0 harmonic patterns

The scan below focuses only on confirmed Bearish Five-0 patterns.

List symbols where pattern is Five-0Bear
and Five-0BearStatus = Confirmed

Add Column Five-0BearStatus as Status
Add Column Five-0BearTarget as Target
Add Column Five-0BearDt as Date
Add Column PatternName

Apply to NSE

Plot

For insights into the Bearish Five-0 harmonic pattern, including the structure of the pattern, the psychology underlying it, how to trade the pattern, as well as an exploration of its advantages and limitations as a tool, click here.

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