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After reversing at our anticipated PRZ, we now the pleasure of determining where to book profits. I have provided several options and how determined. Of course, exits are ultimately the sole decision of each individual.

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Should price move below the "B" point of the pattern, at that point the possibility of the Shark harmonic becomes viable. I would be watching for a clear abc pattern within the CD move down in order to develop an AB=CD projection. I find that these can often help ID the PRZ area in conjunction with the retracement and extension measures.

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Looks like crunch time for DXY. Should we break down, then the high at "C" can become "C" of a potential Bullish Shark harmonic, once "B" is taken out. This is a heads up as to what may be in the works.

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Dual daily based AB=CDs (+ alternate) combined with monthly based AB=CD alternate (confluent with BC extensions) to form tight PRZ area for a potential retracement rally. Target areas shown. Should this rally occur, this could develop into a larger term move up.

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Looking for the AB=CD at retest (in congestion) for a possible long. This move follows the rally from the prior Bullish Shark.

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We have two AB x 1.272 = CDs and an AB=CD terminating within a tight PRZ right into our Support area. Whether or not one would be considering initiating a long position, anyone currently short would certainly want to be aware of the potential for reversal (or the halting of the selloff) in this area. I would be looking for divergences given that technical tools...

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With the help of the two abcs contained within the CD leg of the Shark, the PRZ was narrowed considerably and eliminated the .786 (Cypher) and .886 (Shark) areas from consideration. The dual abcs put us near/at the 1.13 area, and our turn came here. We now need to eclipse the upper "b" and 50% to see this small rally to continue (assuming of course we reach this...

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It appears CL is working on a contracting diagonal. Our recent peak measures as an AB x .618 = CD, and basis the next leg measuring the same, this is confluent with the falling lower TL. I would view this as a target area for a "5th touch" within the apparent falling wedge.

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This is another application of something I'm finding on some of the Sharks/Cyphers I look at. If present, an AB=CD (or alternate) can help determine whether its likely to be a Shark or Cypher, and helps (imho) to "fine tune" the PRZ area.

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I believe should we reach this area, it should offer resistance at a minimum, potential for reversal for pullback. Would be looking for a move down towards area of largest "B". There will likely be a bullish shark setup at this area (this would be the "C" point if not mistaken. I will be watching this for just that reason. Regardless of whether the potential...

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When this ratio is falling, the Gold Miners Stocks are stronger relative to the S&P 500. Note how low this ratio was at the end of the last big metals rally in 2011-12 period. You can also see the 2016 metals rally (ratio falling) quite clearly here. If in fact we have double topped in this ratio, then things should be looking UP for the metals. The next thing...

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These are some observations I find to be helpful for those that trade either/both harmonics. Regardless of whether the Cypher is "harmonic" or not, I can certainly provide a number of examples of these that turn virtually right on the .786 retraces, (with the .886-1.13) never getting a sniff. So, I do not dismiss these out of hand. I try to focus on possible...

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While this is not a specific tradeable (that I'm aware of), it indicates the likelihood of Silver outperforming Platinum on a relative basis for weeks and months ahead. This would be something to keep in mind when confronted with a long setup for both or a short setup for both. Should the ratio reach the PRZ, at that time you can assess whether to reverse this...

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Apparent retest double bottom at C. With the Gold/Silver ratio appearing to have topped (rising wedge diagonal), this bodes well for Silver relative Gold (which occurs in metals rallies). Until proven otherwise, I see the bias in Silver to the upside. I will be looking to ride it up to the Dual PRZ, and assess at that time if/when it arrives. Also note that C of...

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Should price reach the PRZ area, the presence of both harmonics should up the odds of the anticipated reversal. Currently, I believe the trending bias to be up.

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This has the look of a diagonal (rising). With that assumption, I have shown estimated target areas. We have reached the 1st, but if correct, I suspect we will rally, then either retest T1 or move on down towards T2. Potential short trade coming in the days ahead.

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In light of my long term potential bearish shark (currently around "C"), I believe there is a long bias for months to come in Beans. Thus, opportunities to get long should be sought. We have an AB=CD and an AB x 1.272 = CD tightly confluent just ahead. This could certainly be viewed for a potential short. I view this as an alert that a pullback may be...

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The C point of this potential bearish shark has just occurred at support. I believe this should give a long bias to Bean trades in the coming months/years. Stoch is divergent and still in buy position. I will attempt to follow up with lower time frame patterns that offer areas of long entry as they occur. Very tight PRZ if/when we get there. Early pullbacks at...