TradingView
HarmonicLab
Mar 31, 2021 7:25 AM

Perfect automated detection of Shark pattern - Long Long

Australian Dollar/Canadian DollarFXCM

Description

Bullish-type Shark pattern occured on daily chart and weekly chart.
After 25 Mar, there was a reversal at point D.
If it rebounds near point D(0.9525), it will be a double bottom, so Long entry.

If it falls below the support zone 0.9390-0.9460 without reversing, consider Short.
In that case, note that there is also a support zone of 0.9110-0.9180 below it.

*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
More