The Next Target of BITCOIN / U.S. DOLLAR by Shark Pattern Pattern
I believe the close it Harmonic Pattern will be Shark
the Rule below
The Shark pattern has the following ratios.
XA leg extends B leg between 38.2% to 50% or 61.8%
AB leg extends beyond C by 113% of the OX leg
BC leg is also an extension of D by 161.8% to 200% or 224%
Unlike other harmonic patterns, the trades are entered as follows:
Entry is at between 88.6% to 113%of XA leg extension of D
Sell Target
C = 161" = 6350
C = 123" = 6100
C = 113" = 4900
Buy Target
D = 161" = 5180
D = 200" = 4890
D = 224" = 4720
I believe the close it Harmonic Pattern will be Shark
the Rule below
The Shark pattern has the following ratios.
XA leg extends B leg between 38.2% to 50% or 61.8%
AB leg extends beyond C by 113% of the OX leg
BC leg is also an extension of D by 161.8% to 200% or 224%
Unlike other harmonic patterns, the trades are entered as follows:
Entry is at between 88.6% to 113%of XA leg extension of D
Sell Target
C = 161" = 6350
C = 123" = 6100
C = 113" = 4900
Buy Target
D = 161" = 5180
D = 200" = 4890
D = 224" = 4720