A Bearish Shark Pattern formed on the EURJPY trade. The Shark Pattern is 1 of the trickiest pattern in the entire Harmonic Patterns collection.
It can have as many as 3 Potential Reversal Zone(PRZ) which is also known as the entry zone. I'm waiting for the candlestick confirmation for a trend trading opportunity that happens within the sell zone(go figure, clue: the completion is within the zone) but just a bit shy of touching the supply zone(red box)
It can have as many as 3 Potential Reversal Zone(PRZ) which is also known as the entry zone. I'm waiting for the candlestick confirmation for a trend trading opportunity that happens within the sell zone(go figure, clue: the completion is within the zone) but just a bit shy of touching the supply zone(red box)
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