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Yuba_Tamazgha
Jul 12, 2014 3:24 AM

Shark pattern on $USOIL Long

Crude Oil (WTI)FXCM

Description

Shark pattern lining up with historical support. The pattern also fits well within a regression channel. The Shark is not my favorite harmonic pattern because it deals with 3 possible entries at the 1.13, 0.886, or 1.618. High probability of reversal is showing between the 1.618 & 0,886 retracement. Let's see what price does.


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