Assalamualikum dear friends ajka jo hamara topic ha wo ha bullish shark patteren ya harmonics ki ek type ha jasa ka ap janata ha all harmonic consist of 5 legs X,A,B,C,D isi tarah shark patteren ko bana k lie5 legs banana zaruri hain sab sa pahla hamein X to A leg bnanani ha isa banana k lie hama downtrend sa la kar uptrend ma trend line bananani ha ,downtrend iska X hoga or jaha tak market upar gaye ha wo uska A hoga .Uska bad hamna X to A fibonacci retracement lagana ha or ya dkehna ha market 0.382 level ko cross kra magar 0.618 level ko cross na kra is taraha hamaei B leg mil jaye gi iska validation ka yaPoint ha candle 0.618 k upr close na ho wick lag jae fir bi valid ha ,next hamna C point Find karna ha uska lie ha again fibonacci retracement lein ga B to C or dekhe ga candle must cross kre 0.382 ko or 1.13 ka point tak aye magar 1.618 ko cross na kra iska and candle close ho to patteren valid ha last leg jo D ha usko bana k lie ham Fir sa fibonacci retracement lein ga X to C iska two potential reversal zone hain
0.886 and 1.13 .
How to calculate targets or profits:
Iska lie ap fibonacci retracemnet lein ga X to C leg or apka targets hoga 0.382 ,0.5 , 0.618
Or stoloss apka hoga Below D leg .
Bullish shark patteren overview:
0.886 and 1.13 .
How to calculate targets or profits:
Iska lie ap fibonacci retracemnet lein ga X to C leg or apka targets hoga 0.382 ,0.5 , 0.618
Or stoloss apka hoga Below D leg .
Bullish shark patteren overview: