Dólar Australiano/Dólar Canadense
Viés de alta

Test Shark pattern. AUD CAD

63
The Shark pattern has the following ratios.

AB leg extends OX leg between 113% – 161.8%
BC leg extends beyond O by 113% of the OX leg
BC leg is also an extension of AX by 161.8% – 224%
Unlike other harmonic patterns, the trades are entered as follows:

Entry is at 88.6% of OX leg with stops coming in at point C
Targets can be 61.8% of BC

Once the price point at D is formed prices rally or decline very swiftly and therefore it requires active management of the trade.

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