Potential Bullish Shark in progress
Should price move below the "B" point of the pattern, at that point
the possibility of the Shark harmonic becomes viable. I would be
watching for a clear abc pattern within the CD move down in
order to develop an AB=CD projection. I find that these can
often help ID the PRZ area in conjunction with the retracement
and extension measures.
the possibility of the Shark harmonic becomes viable. I would be
watching for a clear abc pattern within the CD move down in
order to develop an AB=CD projection. I find that these can
often help ID the PRZ area in conjunction with the retracement
and extension measures.
Disclaimer
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.
Disclaimer
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.