A harmonic bearish shark has developed on the pound.
We are now at a critical area as the shark may develop into a 5-0 pattern and reverse around the 1.5145 area. If we close below that we should head down to at least 1.5085.
Harmonic bearish bat developed at the end of a successful run off of a bullish butterfly.
Expecting slight retrace and then another leg down to the 0.9100 area.
A harmonic ABCD pattern has form on the Bitcoin/Usd at a structure level. Medium term resistance is seen at the 90~100 level in the form of a descending trendline!