AUD/CHF, H4, Bullish Shark pattern

Dec 22, 2018

The B point is at 50% of the XA leg. The C point is at 113% of the AB leg. This makes it a Shark pattern. Two PRZ's (Potential Reversal Zone), one PRZ at the 88.6% of the XA leg and one PRZ at the 113%. Price crossed first PRZ, there wasn't forming a reversal pattern. So aim for the second PRZ, the 113% as D point.