A Bearish Shark Pattern formed on the EURJPY trade. The Shark Pattern is 1 of the trickiest pattern in the entire Harmonic Patterns collection.
It can have as many as 3 Potential Reversal Zone(PRZ) which is also known as the entry zone. I'm waiting for the candlestick confirmation for a trend trading opportunity that happens within the sell zone(go figure, clue: the completion is within the zone) but just a bit shy of touching the supply zone(red box)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.