You sell at the 1.13 retracement from the XA leg, as Sharks tend to evolve into patterns I trade this with only 1 profit target (near the 0.5 retracement of the CD leg) and then go long.
From my understanding based on ur chart.
For Shark, ABCD <-
the Shark D leg is equal to the fib ext of XC Cypher = 1.13 <- this is the entry level.
but for shark BC retracement<- is there a rule for it ? such as must hit 38.2 and not hit 50 pr 61.8 fibs level/
thx for sharing