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The Shark Pattern

• The Shark Pattern is the structure that precedes the 5-0


formation.
• Possesses an Extreme Harmonic Impulse Wave that
retests defined support/resistance that converges in the
area of the 0.886 retracement – 1.13 extension.
• Utilizes the powerful 88.6% support/retracement as a
minimum requirement.
• Look for closest convergence of Extreme Harmonic
Impulse Wave (1.618-2.24) with the 88.6% minimum
retracement as a minimum level.
• Utilizes “natural” state of extreme impulse (reactionary)
move against prior support/resistance level.
• Typically a counter trend move.
Copyright Harmonic Trader L.L.C.
Trading The Shark Pattern
• The Shark Pattern is represents a temporary extreme
structure that seeks to capitalize on the extended
nature of the Extreme Harmonic Impulse Wave.
• Since it precedes the 5-0, the eventual 50% level acts
as the optimal profit target.
• Requires an active trade management strategy.
• Demands immediate change in price action character
immediately following minimum test of 88.6% level as
long as minimum 1.618 Extreme Harmonic Impulse
Wave has been tested.
• Extreme Harmonic Impulse Wave utilized depends upon
location of 88.6% level.
Copyright Harmonic Trader L.L.C.
Bullish Shark Pattern
B
X

0
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)

Copyright HarmonicTrader L.L.C.


EuroDollar (EUR_A0-FX): 15-Minute
Bullish Shark Pattern B
X

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)

Copyright Harmonic Trader L.L.C.


Bearish Shark Pattern
C
0.886-1.13
0

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

Copyright Harmonic Trader L.L.C.


Canadian Dollar (CAD_A0-FX): Daily
Bearish Shark Pattern
0 C

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.

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