Shark

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. It 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 value, a specific candlestick pointing at a reversal or confluence with other methods. The Shark pattern can be either bullish or bearish. It is 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.
RalphStPierre RalphStPierre PRO GOLD, 60,
GOLD: GOLD  week ahead trade plan
39 0 5
GOLD, 60
GOLD week ahead trade plan

Gold seems to have completed the A leg of the ABC correction of the Minute degree 1-2 leg (H4 TF Blue Count) Trade Plan: Trade the AB leg off a Bearish Shark and completed AB=CD on a Trend Line break ( Close blow the Purple TL )

tom_mok tom_mok EURUSD, 60, Short ,
EURUSD: EURUSD Complete Bat Pattern
39 0 4
EURUSD, 60 Short
EURUSD Complete Bat Pattern

Short On Bat Pattern HAPPY EID MUBARAK

Trading_Jazz Trading_Jazz PRO NZDUSD, 120,
NZDUSD: (2h) Bearish Sharks at Confluence
303 0 26
NZDUSD, 120
(2h) Bearish Sharks at Confluence

FX:NZDUSD https://uk.tradingview.com/chart/DXY/uYss8mns-24-Educational-charts/ Safe Trades;

MR-X MR-X EURUSD, 60,
EURUSD: Bearish A-Shark + Bearish AB=CD
67 0 5
EURUSD, 60
Bearish A-Shark + Bearish AB=CD

Two harmonic patterns confluence forming at 1.12000 round number level . Profit targets are shown on chart . Take care .

RaneemAbbouchi RaneemAbbouchi SCBTC, 60,
SCBTC: Don't panic... yet
313 3 6
SCBTC, 60
Don't panic... yet

Two big dumps in one night, we are clearly swimming in whale shark infested waters. However, even with hundred of millions dumped within minutes, SIA remains within pitchfork range... for now. The support is too real.

Trading_Jazz Trading_Jazz PRO EURJPY, 240,
EURJPY: (4h) Honey for Bears! 1h Butterfly vs 4h Shark (so unfair...)
255 3 14
EURJPY, 240
(4h) Honey for Bears! 1h Butterfly vs 4h Shark (so unfair...)

FX:EURJPY https://www.tradingview.com/chart/EURUSD/PyQ2bJKG-Butterfly-Pattern-Engagement-Rules-Educational/https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/https://uk.tradingview.com/chart/DXY/uYss8mns-24-Educational-charts/ Safe Trades;

ara18 ara18 CADCHF, 240, Short ,
CADCHF: shark pattern
3 0 3
CADCHF, 240 Short
shark pattern

bearish shark pattern was done and we can take short position

elitetrading elitetrading NZDUSD, 60,
NZDUSD: nzdusd ab=cd and a shark
26 0 2
NZDUSD, 60
nzdusd ab=cd and a shark

FOLLOW US IN OUR TELEGRAM CHANNEL https://t.me/Elitetrading

IvanBonilla IvanBonilla PRO EURUSD, D, Long ,
EURUSD: Bull Shark EURUSD
84 0 7
EURUSD, D Long
Bull Shark EURUSD

Trading idea is to finish this harmonic and go bull long term, for your consideration there is big bull divergence in monthly chart

IvanBonilla IvanBonilla PRO XAUUSD, 60, Short ,
XAUUSD: Bear Shark Gold
434 1 15
XAUUSD, 60 Short
Bear Shark Gold

The idea is to retest neckline of IHS and then go up to fill shark

Trading_Jazz Trading_Jazz PRO USDJPY, 240,
USDJPY: (4h) The nap of a bull? Eventual Bearish Shark at 161... $112.05
672 2 26
USDJPY, 240
(4h) The nap of a bull? Eventual Bearish Shark at 161... $112.05

FX:USDJPY https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/ supportD1 109.113 supportH4 108.808 supportMN1 108.132 supportW1 110.236 resistanceD1 110.812 resistanceH4 110.342 resistanceMN1 118.661 resistanceW1 114.369 Safe Trades;

ThienPham ThienPham NZDUSD, 60, Short ,
NZDUSD: NZD/USD, PRZ Zone with Shark Pattern completed
82 0 5
NZDUSD, 60 Short
NZD/USD, PRZ Zone with Shark Pattern completed

Hi All, Waiting price confirmed to short at PRZ is a good R:R. Good luck All !

roby roby USDMXN, W, Short ,
USDMXN: USDMXN SHORT WITH SHARK PATTERN
139 0 4
USDMXN, W Short
USDMXN SHORT WITH SHARK PATTERN

I short USDMXN at 16.01 because of Shark pattern and RSI divergence. SL:16.2 TP1:14.3 TP2:13.23

Trading_Jazz Trading_Jazz PRO EURUSD, 240,
EURUSD: The Shark Pattern // Engagement Rules // Educational ®
7294 20 108
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;

Trading_Jazz Trading_Jazz PRO DXY, 60,
DXY: Advanced Patterns - SHARK
2240 6 39
DXY, 60
Advanced Patterns - SHARK

1. Find the point X at the bottom and point A at the top of a strong bullish trend. 2. 1st Retracement is not higher than the 61.8% of point X. 3. Point C should be confirmed at the 113% to 161.8% retracement area of A. 4. Point D should be confirmed at the 161.8% to 224% retracement area of B. 4a. Point D should be confirmed at the 88.6% to 113% retracement ...

IvanBonilla IvanBonilla PRO USDJPY, 240, Short ,
USDJPY: Bear Shark
102 0 6
USDJPY, 240 Short
Bear Shark

Trading idea is wait for shark to fill, sell for a 50% retrace and then change to bull for the pullback,

IvanBonilla IvanBonilla PRO NZDUSD, D, Short ,
NZDUSD: Bearish Shark NZDUSD
144 2 10
NZDUSD, D Short
Bearish Shark NZDUSD

Bear shark has been filled, Trade plan is SL .73300 tp 1 .70800 tp 2 .69200 Taque care!

LewisGlasgow LewisGlasgow PRO NZDUSD, 240, Short ,
NZDUSD: NZD/USD - Double Trading Opportunity
2794 42 73
NZDUSD, 240 Short
NZD/USD - Double Trading Opportunity

Hello traders, here we have a bullish 5-0 pattern on the 4h timeframe with NZD/USD. Price just formed a valid C point at the minimum 1.618 level which aligns with a valid bearish shark pattern, which has opened up a shorting opportunity from C to D. The measurements for a valid 5-0 pattern are detailed below. B: 1.13 - 1.618 C: 1.618 - 2.24 D: 0.50 Taking a ...

123456... Show More Ideas
Market
Interval
Browse
Time
Author
Widgets
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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