Xptusd

The shark harmonic pattern shares some of the most unique conditions that can be found on some of the extreme patterns. For instance, both the shark pattern and the 5-0 are not typical M-shaped or W-shaped patterns. The shark pattern comes up before the 5-0 pattern. It also has a particular and specific Fibonacci level that the deep crab shares.

One character that might seem abnormal to all other harmonic patterns is that the reaction to the completion of this pattern is short-lived. This is one of the most useful harmonic setups in the entire work of the creator of the pattern, especially for intraday traders, and this pattern is very much for active traders.