Lesson 26

Shark Pattern



Lesson Details

Shark Pattern

Are you ready to go deep sea fishing? Today we are going to learn about the famous Shark pattern and learn why this is one of the most powerful harmonic patterns to find in the market. This is one of my favorite harmonic patterns and by the end of this class, you'll understand why. One of the best things about the Shark pattern is that it tends to lead into a 5-0 pattern which is yet another extremely powerful harmonic pattern. Take some time to really study this video and get ready to cast out your nets and prepare to catch some Sharks!

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Answer 7 of 9 questions to advance to next lesson.

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The Shark pattern turns into a __________ when price trades back into the 50% Fibonacci retracement after completing?

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Which are the only two harmonic patterns where the second low is lower than the first low?

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Symmetry in harmonics tells us?

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The Shark pattern can complete inside or outside the structure of the pattern.

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When checking symmetry, what is the best tool to use?

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A 5-0 pattern is a Shark pattern that has already completed and reversed to the 50% Fibonacci retracement level of the B-C leg.

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The easiest way to look for Shark patterns is by looking at the second low & making sure it is lower than the first low.

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Point (C) on the Shark pattern is the _____________ zone of the pattern where the _______________ Fibonacci levels line up?

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After the initial 0-X swing is complete, the X-A leg needs to complete at what Fibonacci retracement level?

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