Shark Pattern

The Shark pattern is a distinct 5-point reversal structure that was discovered by Scott Carney in 2011. It is similar to the Bat Pattern, except for the C point exceeding the BC leg and can point to a strong counter-trend move. The potential Reversal Zone (PRZ) is defined by the following harmonic levels: the 0.886 retracement of initial leg and the 1.13 reciprocal ratio of the initial leg. Targets can be various retracements of the CD leg, all the way up to C itself. There are different methods of determining where the stop would go. Some put it beyond the next structure level after the D point, others choose the 1.41 extension of XA.

Conservative traders look for additional confirmation before entering a trade based on an indicator condition, a reversal candle or confluence with other methods. The Shark pattern can be either bullish or bearish. It's as effective as other harmonic patterns and a common variation on trading this pattern is to trade the last leg to completion. TradingView has a smart drawing tool that allows users to visually identify this price pattern on a chart.
Trading_Jazz Trading_Jazz GER30, 240, Short , 19 hours ago
GER30: (4h) Bearish Shark @ Dax
334 1 25
GER30, 240 Short
(4h) Bearish Shark @ Dax

FX:GER30 Bearish Structure Breakout. https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/ Safe Trades;

Trading_Jazz Trading_Jazz NZDCAD, 120, Short , 16 hours ago
NZDCAD: (2h) Bearish Shark Territory // Or not!
182 1 13
NZDCAD, 120 Short
(2h) Bearish Shark Territory // Or not!

FX:NZDCAD https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/ Safe Trades;

icelas icelas USDJPY, 240, Long , 16 hours ago
USDJPY: Buy USDJPY@112.12 Due to Shark Pattern and Horizontal Support
43 0 6
USDJPY, 240 Long
Buy USDJPY@112.12 Due to Shark Pattern and Horizontal Support

Maybe Cypher but prefer Shark due to horizontal support. Stop Below X Target 113.10 113.75

MohamedMagdy MohamedMagdy CADJPY, 240, 12 hours ago
CADJPY: Sell Then Buy Then Sell ^_^
23 0 3
CADJPY, 240
Sell Then Buy Then Sell ^_^

Short term Selling as corrective structure of wave 4 is being forming which is a triangle Medium Term Long on the breakout to form the last bullish wave 5 Long Term Sell with a new bearish impulsive wave An overall Bearish Cypher or Shark is being forming

Ou-Lab Ou-Lab EURNZD, 240, Long , a day ago
EURNZD: EURNZD double Pattern -long-
71 0 3
EURNZD, 240 Long
EURNZD double Pattern -long-

EURNZD Gartley & Shark are both going to be completed. Good luck

madi052893trading madi052893trading GBPAUD, 60, Long , a day ago
GBPAUD: LONG setup here on the GA with Bias and potential ext. TP.
64 0 3
GBPAUD, 60 Long
LONG setup here on the GA with Bias and potential ext. TP.

Hi guys we completed already 2 potential LONG patterns which is the Bull cypher by which TP 1 is already attained and one which it the Bull shark pattern - 88.60% and soon to complete bull shark pattern - 113%. We also got a bias that soon we could go for a bear cypher or shark as long price market wont break and close below our first red line (cypher pattern ...

michaelnagy michaelnagy PRO EURJPY, 15, 2 days ago
EURJPY: Shark on EURJPY
44 0 6
EURJPY, 15
Shark on EURJPY

I would enter only if the price confirm it's rejection on the current price rejection zone.

CajunXChange CajunXChange AUDUSD, D, 2 days ago
AUDUSD: #AudUsd Bearish Shark
59 2 8
AUDUSD, D
#AudUsd Bearish Shark

A gartley forms on lower TF at .765ish. May have one more drive to 1.618 at 77.42. Targets are highlighted. .745 is area of interest.

wolfpacktradesociety wolfpacktradesociety USDCAD, 240, 2 days ago
USDCAD: USD/CAD Short Opportunity
28 0 7
USDCAD, 240
USD/CAD Short Opportunity

USD/CAD short opportunity Shark Harmonic testing resistance had sell limit set around the 1.31936 area because of CAD news today. be careful going into FOMC.

Trading_Jazz Trading_Jazz AUDNZD, 60, Short , 2 days ago
AUDNZD: (1h) Bearish Structure Breakout and Eventual Shark at 618
606 2 25
AUDNZD, 60 Short
(1h) Bearish Structure Breakout and Eventual Shark at 618

FX:AUDNZD https://www.tradingview.com/chart/EURUSD/5y3M4s6y-Fibonacci-Retracement-Patterns-Educational/ Safe Trades;

keevenson keevenson EURUSD, 15, Long , 2 days ago
EURUSD: EUR/USD Intra -- Bullish Shark Pattern
83 0 7
EURUSD, 15 Long
EUR/USD Intra -- Bullish Shark Pattern

> Bullish Shark Pattern Formation SL: below D point Tp1: 1.05373 Tp2: 1.05452

pixi pixi XAGUSD, 240, a month ago
XAGUSD: Retracement to $16.46
609 4 31
XAGUSD, 240
Retracement to $16.46

Hi, Silver is facing a bearish shark in H4 TF (and MA 20 Weekly). I'm expecting a retracement to $16.5 area for a bullish continuation pattern (5-0) with $18.15 as target

Trading_Jazz Trading_Jazz GBPCAD, 240, Short , 2 days ago
GBPCAD: (4h) Bearish at Structure with the Bulls above it, waiting...
200 0 16
GBPCAD, 240 Short
(4h) Bearish at Structure with the Bulls above it, waiting...

FX:GBPCAD With my stops above the structure... a bad "short" is always a good "long" https://www.tradingview.com/chart/EURUSD/rLafCXea-public-Educational-for-beginners-by-Trading-Jazz/ https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/ Safe Trades;

BoonHooi BoonHooi USDJPY, 60, Short , 2 days ago
USDJPY: USDJPY : The down before the up
258 0 13
USDJPY, 60 Short
USDJPY : The down before the up

Upon completing the Bearish Shark pattern (see earlier related post) I took a short. Covered the short yesterday when the price broke above the resistance trend line. However, I believe that the trend is still down and I have been looking to take a trade to continue the down move. The targets can be as low as 112.00. That is where the bullish Shark completes. I ...

Trading_Jazz Trading_Jazz AUDUSD, 120, Short , 2 days ago
AUDUSD: (2h) Bears Starting to Bid Lower ?
406 1 19
AUDUSD, 120 Short
(2h) Bears Starting to Bid Lower ?

FX:AUDUSD https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/ Safe Trades;

Trading_Jazz Trading_Jazz EURUSD, 240, 10 months ago
EURUSD: The Shark Pattern // Engagement Rules // Educational ®
5618 19 96
EURUSD, 240
The Shark Pattern // Engagement Rules // Educational ®

The Shark Pattern. Traders, This is an update to my previous post related to Harmonic Ratios. (link below) Safe Trades;

yousimon yousimon XAUUSD, 240, Short , 6 days ago
XAUUSD: Weekly set up 20170220-0224
288 0 14
XAUUSD, 240 Short
Weekly set up 20170220-0224

Dinapoli DRPO Pattern is forming and Shark bearish pattern Seems CD leg is test the range top and not try to break, We should watch the PA @1233 ,if not want to break up should break dow see some bearish pattern @1233 we short to 1197

TerryHarmonicTrading TerryHarmonicTrading USDJPY, 240, Long , 7 days ago
USDJPY: (Education) How to trade this bullish shark on USDJPY?
704 7 21
USDJPY, 240 Long
(Education) How to trade this bullish shark on USDJPY?

Hey guys, first of all, thank you for the follow and all the praises you guys showered on my analysis. Having a great start to 2017, growing confidence with trading harmonics year after year. I am glad to share my knowledge here having learnt directly from Scott Carney. It is Friday now and I am expecting further bearishness for USDJPY. Pattern ...

123456... Show More Ideas
Market
Interval
Browse
Time
Author
Widgets
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out