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The Shark Pattern
The Shark Pattern can be used across all financial markets: Forex, Futures or Stocks.
How to trade the Shark Harmonic Patterns
See how the shark pattern should be traded; and what you might want to watch out for before trading this chart pattern.
The shark pattern was released in 2011 by Carney and is a partially forming 5-0 pattern. We don’t actually scan this pattern in our alerting but it will follow the more popular M and W shaped patterns with the main difference being the higher b point (normally the c point if your used to thinking of the lettering like the butterfly pattern.