Here we have a bearish shark pattern, that have completed a,b,c, and d point is expected anytime soon
If you look at the RSI, a regular divergence have occurred.
the entry point will be at the end of the D leg, which is 0.786 on fibonacci level drawn from a to x.
We also see a resistance and ranging area in the drawn box, which is where i will expect the d point to be.
meanwhile i will counter trade the index, with more charts being uploaded while doing it.
So we have a ranging and resistance area where the d point will end.
a bearish shark harmonic, that have followed through the a,b and c point.
and we have a regular divergence.
Stay updated, and follow my profile for more charts.
If you look at the RSI, a regular divergence have occurred.
the entry point will be at the end of the D leg, which is 0.786 on fibonacci level drawn from a to x.
We also see a resistance and ranging area in the drawn box, which is where i will expect the d point to be.
meanwhile i will counter trade the index, with more charts being uploaded while doing it.
So we have a ranging and resistance area where the d point will end.
a bearish shark harmonic, that have followed through the a,b and c point.
and we have a regular divergence.
Stay updated, and follow my profile for more charts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.