Shark Harmonic showing AUDCAD may go Short

17 thg 8, 2020

A harmonic pattern of Shark is feasible in this chart, where point CD goes to a S&D zone. Our first Take profit is depicted by the Fib Retracement of 0.618, since other S&D zones aren't properly defined as yet. Second Take profit is depicted based on the S&D zone on the Swing Low of the recent uptrend, which is a candlestick formation of a tweezer bottom.