The Shark Pattern The Shark Pattern is dependent upon the powerful the 113% Reciprocal Ratio @1.2223 works extremely well retesting prior support points 1.13% as a strong counter-trend reaction. Represents a temporary extreme structure that seeks to capitalize on the extended nature of the Extreme Harmonic Impulse Wave. Demands immediate change in price action character immediately following pattern completion. Extreme Harmonic Impulse Wave utilized depends upon location of 113% level – Requires an active management strategy to capture high probability profit segments.
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