Bearish Shark and/or 5-0 Pattern
Bearish Shark Pattern, bullish reversal at 1.13 of 0X or possible continuation throughout 1.618-2.24 of XA
Alternatively may lead to 5-0 bearish reversal at 0.50 of BC.
Alternatively may lead to 5-0 bearish reversal at 0.50 of BC.
Commentaire:
Obviously there is earlier possible shark reversal at 0.382 of CD = 0.74429 but then you have to watch for if it passes 2.24 of XA otherwise it could still remain a 5-0
Commentaire:
Correction: When referring to shark OX is supposed to be XA and XA - BC. I was using 5-0 language where XA turns in to OX and pushes everything down 1 letter.
