Bearish Shark Pattern - Elliott Wave Analysis
The Shark pattern has the following ratios.
A no specific retracement level
AB leg extends XA leg between 113% – 161.8%
BC leg extends 0X leg between 88,6% - 113% 113%
BC leg is also an extension of AB by 161.8% – 224%
A no specific retracement level
AB leg extends XA leg between 113% – 161.8%
BC leg extends 0X leg between 88,6% - 113% 113%
BC leg is also an extension of AB by 161.8% – 224%
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