BTCUSD
hi, after long time on 1D timeframe i got SHARK PATTERN (Shark Pattern – the shark pattern is one of the newer harmonic trading patterns and has been in
use since 2011. The pattern uses a similar five-leg reversal sequence. The steep outside lines and
shallow dip in the middle create a chart that resembles a dorsal fin. This is how the shark pattern
gets its name)
all projections i filtered multiple times with fibonacci retracement and fibonacci extensions this perfect pattern, required projections A-C = 1.13 - 1.618 we got here 1.156, B-D = 1.618 - 2.24 we got here 2.144, and most important X-D = 0.886 we got perfect with little bit correction, it will be invalid if daily candle close below fib extension level 1.618 (keep in mind) daily candle not closed yet so this is not prediction this is only for educational purpose.
if this is going to be successful btc will must go to fib level 0.236 if btc close above 1.272,
if price not close above as per price action after big crash it will range between 1.272 to 1.618 zone (correction) before take next move.
thank you for reading and supporting.
use since 2011. The pattern uses a similar five-leg reversal sequence. The steep outside lines and
shallow dip in the middle create a chart that resembles a dorsal fin. This is how the shark pattern
gets its name)
all projections i filtered multiple times with fibonacci retracement and fibonacci extensions this perfect pattern, required projections A-C = 1.13 - 1.618 we got here 1.156, B-D = 1.618 - 2.24 we got here 2.144, and most important X-D = 0.886 we got perfect with little bit correction, it will be invalid if daily candle close below fib extension level 1.618 (keep in mind) daily candle not closed yet so this is not prediction this is only for educational purpose.
if this is going to be successful btc will must go to fib level 0.236 if btc close above 1.272,
if price not close above as per price action after big crash it will range between 1.272 to 1.618 zone (correction) before take next move.
thank you for reading and supporting.
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