RonWalker
Short

Shark Pattern Formation SPX500

FX:SPX500   S&P 500 index of US listed shares
FX:SPX500             Shark Patter have completed whit the RSI in Overbought condition, this have better profile to take it, besides the FX:NAS100             where I also have a similar Idea but I do not feel comfortable whit the support area that the market presented.
I don't want to be rude, but in shark pattern bc should be 1.618, 2.0 or 2.236. And those should hit xc targets of .886 or 1.128.
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RonWalker hesekoo
Hesekoo, how you doing?, don't worry, you don't being rude at all, now I see that I didn't explain myself well, to me, with in my back testing, I've found that in this case, Shark Pattern could be completed at the top of the red area, but personally I don't take Patterns at the completion, I use structure, thats what I have found more effective profitable speaking, this one is a perfect example of it, if you follow the price you will see it pull back where the line is crossing pretty much at the middle of the red area, if you have any other thoughts on this one, let me know, Im always open to learn new stuff, have a good Trading.
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