The harmonic shark pattern is an emerging 5-0 pattern because the shark pattern is within its structure.
This chart shows a harmonic bullish shark, but it is currently conflicting with a harmonic shark on the 4h timeframe and there needs to be some kind of bullish divergence for a bullish harmonic pattern to be correct.
Notice the RSI.
I was long on this trade earlier, and I have been sharing my target, entry and stops in the chat but when I noticed how the market failed to reach the D point in the 1h shark I started to lose my hope for this pattern.
I managed to flip my trade from long to short at break even and currently going short with stops at 68,150 and target is 67.1
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