RuDiLimbu

Bullish Shark Pattern (NZDUSD)

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
The Shark pattern is a distinct 5-point reversal structure discovered by Scott Carney in 2011. It is a retracement of 113.0% — 161.8% before reversing to the other side. The retracement of the reversal should be 161.8% and 113.0% from the beginning of the pattern.

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