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C
Copyright Harmonic Trader L.L.C.
Bullish Shark Pattern
Potential Reversal Zone (PRZ)
_________________ 0.886 0B
______________ 1.618-2.24AB
______________1.13 0B
XXXXXXXXXXXXXXX (Stop Loss Limit)
C
0
0.886
EuroDollar C
(EUR_A0-FX):
15-Minute
Bullish Shark Pattern Potential Reversal Zone (PRZ)
B
X
A
D
C
0 EuroDollar (EUR_A0-FX):
15-Minute
Bullish Shark Pattern>Bearish 5-0
EuroDollar (EUR_A0-FX): 15-Minute
Bullish Shark Pattern + Bearish 5-0
Potential Reversal Zones (PRZ)
X
B
Copyright Harmonic Trader L.L.C.
Bearish Shark Pattern
Potential Reversal Zone (PRZ)
XXXXXXXXXXXXXXX 1.13XB (Stop Loss Limit)
________________ 1.618-2.24AB
________________ 0.886XB
B
Canadian Dollar (CAD_A0-FX): Daily
Bearish Shark Pattern
Potential Reversal Zone (PRZ)
A
Canadian Dollar (CAD_A0-FX): Daily
Bearish Shark Pattern>Bullish 5-0
0 C
X
B
C
Canadian Dollar
(CAD_A0-FX): Daily
Bearish Shark Pattern>Bullish 5-0
B
Potential Reversal Zones
Shark Pattern Conclusion
• This is a distinct structure but different than the M-type
and W-type of harmonic patterns.
• Precursor to the 5-0 Pattern.
• Works extremely well retesting prior support/resistance
points (0.886/1.13) as a strong counter-trend reaction.
• The extended AB Extreme Harmonic Impulse Wave must
be at least a 1.618 (can be as much as 2.24) is a
definitive price segment as long as the minimum 88.6%
0B retracement is tested.
• The 1.13 0B Extension can not be exceeded and defines
the area for the stop loss limit.
• This is Harmonic Trading history – The first time I have
ever released the pattern!
Copyright Harmonic Trader L.L.C.
Copyright Harmonic Trader L.L.C.