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The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ......

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Copyright Harmonic Trader L.L.C. The Shark Pattern is the structure that precedes the 5-0 formation. Possesses an Extreme Harmonic Impulse Wave that retests defined support/resistance that converges in the area of the 0.886 retracement – 1.13 extension. Utilizes the powerful 88.6% support/retracement as a minimum requirement. Look for closest convergence of Extreme Harmonic Impulse Wave (1.618-2.24) with the 88.6% minimum retracement as a minimum level. Utilizes “natural” state of extreme impulse (reactionary) move against prior support/resistance level. Typically a counter trend move. The Shark Pattern
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Page 1: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Copyright Harmonic Trader L.L.C.

• The Shark Pattern is the structure that precedes the 5-0 formation.

• Possesses an Extreme Harmonic Impulse Wave that retests defined support/resistance that converges in the area of the 0.886 retracement – 1.13 extension.

• Utilizes the powerful 88.6% support/retracement as a minimum requirement.

• Look for closest convergence of Extreme Harmonic Impulse Wave (1.618-2.24) with the 88.6% minimum retracement as a minimum level.

• Utilizes “natural” state of extreme impulse (reactionary) move against prior support/resistance level.

• Typically a counter trend move.

The Shark Pattern

Page 2: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Copyright Harmonic Trader L.L.C.

• The Shark Pattern is represents a temporary extreme structure that seeks to capitalize on the extended nature of the Extreme Harmonic Impulse Wave.

• Since it precedes the 5-0, the eventual 50% level acts as the optimal profit target.

• Requires an active trade management strategy. • Demands immediate change in price action character

immediately following minimum test of 88.6% level as long as minimum 1.618 Extreme Harmonic Impulse Wave has been tested.

• Extreme Harmonic Impulse Wave utilized depends upon location of 88.6% level.

Trading The Shark Pattern

Page 3: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Copyright Harmonic Trader L.L.C.

Bullish Shark Pattern

B

A

X

0

C

Page 4: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Bullish Shark Pattern Potential Reversal Zone (PRZ)

Copyright HarmonicTrader L.L.C.

_________________ 0.886 0B ______________ 1.618-2.24AB ______________1.13 0B XXXXXXXXXXXXXXX (Stop Loss Limit)

Page 5: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

X

A

0

B

C

EuroDollar (EUR_A0-FX): 15-Minute Bullish Shark Pattern

Page 6: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

C

0.886

EuroDollar (EUR_A0-FX): 15-Minute Bullish Shark Pattern Potential Reversal Zone (PRZ)

Page 7: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

X

A

0

B

C EuroDollar (EUR_A0-FX): 15-Minute Bullish Shark Pattern>Bearish 5-0

D

Page 8: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Copyright Harmonic Trader L.L.C.

C

EuroDollar (EUR_A0-FX): 15-Minute Bullish Shark Pattern + Bearish 5-0

Potential Reversal Zones (PRZ)

D

Page 9: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Copyright Harmonic Trader L.L.C.

Bearish Shark Pattern

B

A

X

0 0.886-1.13

C

Page 10: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

XXXXXXXXXXXXXXX 1.13XB (Stop Loss Limit) ________________ 1.618-2.24AB ________________ 0.886XB

Bearish Shark Pattern Potential Reversal Zone (PRZ)

Copyright Harmonic Trader L.L.C.

Page 11: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

X

A

0

B

C

Canadian Dollar (CAD_A0-FX): Daily Bearish Shark Pattern

Page 12: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

A

C

Canadian Dollar (CAD_A0-FX): Daily Bearish Shark Pattern

Potential Reversal Zone (PRZ)

Page 13: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

X

A

0

B

C

Canadian Dollar (CAD_A0-FX): Daily Bearish Shark Pattern>Bullish 5-0

Page 14: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

B

C

Canadian Dollar (CAD_A0-FX): Daily

Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones

D

Page 15: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Copyright Harmonic Trader L.L.C.

• This is a distinct structure but different than the M-type and W-type of harmonic patterns.

• Precursor to the 5-0 Pattern. • Works extremely well retesting prior support/resistance

points (0.886/1.13) as a strong counter-trend reaction. • The extended AB Extreme Harmonic Impulse Wave must

be at least a 1.618 (can be as much as 2.24) is a definitive price segment as long as the minimum 88.6% 0B retracement is tested.

• The 1.13 0B Extension can not be exceeded and defines the area for the stop loss limit.

• This is Harmonic Trading history – The first time I have ever released the pattern!

Shark Pattern Conclusion

Page 16: The Shark Pattern - SR Analyst · Bearish Shark Pattern>Bullish 5-0 Potential Reversal Zones D. ... • This is Harmonic Trading history – The first time I have ever released the

Copyright Harmonic Trader L.L.C.


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